British Steel halts plans for thousands of job losses after government intervention
British Steel has said it will end a consultation on up to 2,700 redundancies, after the UK government took control of the firm earlier this month.Prime Minister Keir Starmer previously recalled MPs from their spring recess so Parliament could pass emergency legislation allowing the government to take operational control of British Steel. Since the government’s intervention, British Steel has been able to secure a stable supply of raw materials to its two blast furnaces, Queen Anne and Queen Bess. Now British Steel has confirmed it has officially withdrawn the HR1 consultation form it had submitted to the Department of Business and Trade on March 27. This means all operations at British Steel are being maintained, including Scunthorpe Rod Mill. Lisa Coulson, interim Chief Commercial Officer said: “This has been a difficult and worrying time for British Steel staff and their families. I can however confirm that we are closing the redundancy consultation without action.“Since the Government passed its legislation, we have been working day and night to ensure we are able to stabilise our operations. The work done to secure the raw materials we need for both Queen Anne and Queen Bess blast furnaces means we are able to run both continuously.“We would like to thank our trade union partners for their professionalism and the support of their members over recent days and weeks.“And I would also like to thank everyone in our workforce for their extraordinary dedication over recent days and weeks. It is your hard work and passion that means steelmaking in Scunthorpe has a bright future.“Quite simply, British Steel workers are the finest in the world.”British Steel has ended its redundancy consultation without any action More