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Steeling for the Future

Steeling for the Future

Could more have been done to save British Steel from insolvency?

File on 4 Investigates · BBC Radio 4

July 2, 201936m 57s

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Show Notes

With British Steel going into liquidation last month File on 4 investigates the story behind the collapse of the iconic British brand. Reporting from the frontline in Scunthorpe, the programme hears from those in the town fearful of a future that could see 5000 workers losing their jobs and tens of thousands more indirectly.

The programme also looks at Greybull Capital – the investment company that bought British Steel for £1 from its previous owner Tata. But Greybull have a chequered history when it comes to their success in revitalising distressed concerns. File on 4 also asks if the government is doing enough to create a level playing field where British Steel can compete in a highly competitive world market.

Photo credit: AFP/Getty Images.