'Brexit issues' see British Steel seek government loan

18 Mai, 2019, 05:02 | Auteur: Auguste Feret
  • Jeremy Kyle presenter of the Jeremy Kyle Show is facing calls for the programme to be cancelled following the apparent suicide of a man who failed a lie-detector test on the programme

British Steel is meanwhile the second biggest operator of the metal in the United Kingdom after Tata, while unions on Tuesday said the latest developments required government action.

British Steel has asked the Government for a taxpayer-backed loan worth £75m amid fears it could be heading for a collapse.

Gill Furniss, the shadow business minister, said: "The government's continued failure to support this vital industry is to blame".

The move comes just two weeks after British Steel secured a £100m loan from the government to pay its European Union carbon bill. It has had to secure a loan of £100 million from the United Kingdom government in order to meet its obligations over an European Union carbon tax and avoid a hefty fine.

Keen to stress that it's not just British Steel in dire need, but other companies too, the steelmaker, which employs around 4,500 directly and another 20,000 indirectly, has stated that "uncertainties around Brexit are posing challenges for all businesses including British Steel".

"Discussions are continuing about a package of additional support to assist the company address broader Brexit-related issues, whilst continuing with its investment plans".

It has blamed its predicament on orders drying up because of the Brexit impasse as well as the weakness of sterling and tensions between China and the United States over steel tariffs.

L'émission "Jeremy Kyle Show" déprogrammée après la mort d'un ancien invité
Son ex-petite amie, Jane Callaghan, a expliqué au tabloïd que le couple sétait séparé après avoir enregistré lémission. Steve Dymond avait échoué au test du détecteur de mensonge censé prouver qu'il ne l'avait pas trompée.

Elections européennes: Emmanuel Macron apparaîtra sur des affiches de campagne
Des partis europhobes sont plus radicaux que d'autres, au risque même de contredire la stratégie du RN de dédiabolisation. Elle sera placardée un peu partout dans le pays par des militants LREM.

BTS gives Beatles-inspired performance on 'Late Show'
BTS performed their latest hit " Boy With Luv " against a backdrop reminiscent of The Beatles' U.S. debut stage. The famed popular band, BTS made their debut on The Late Show With Stephen Colbert last night.

Ross Murdoch, GMB national officer said, "This Government has a track record of sitting on its hands while United Kingdom manufacturing collapses round its ears".

Quoting people close to the process, Sky said insolvency experts have been placed on standby in case British Steel can not secure the funds it needs.

"I am calling on the government to take the necessary action to support our steel industry at this critical time".

Labour and trade union Unite rounded on the government over Brexit uncertainty, as well as the impact of energy costs and business rates on the steel sector.

It paid a nominal £1 fee for the assets, but pledged to plough up to £400m into the business, which it rebranded British Steel.

The news comes amid uncertainty over the future of Tata Steel's main European operations based in the United Kingdom after German industrial conglomerate Thyssenkrupp last week scrapped merger plans with the Indian giant.



La ville va décorer le chef indien Raoni — Lyon
La déforestation, qui avait baissé de manière spectaculaire en Amazonie de 2004 à 2012, est repartie de plus belle en janvier, d'après l'ONG Imazon.

US nears metal tariffs deal with Canada, Mexico
Trade Representative Robert Lighthizer is in "active discussions" over the issue, he said. None of the three countries have ratified the new U.S. -Mexico Canada Agreement (USMCA).

Musk to personally examine, review all Tesla expenses
It comprises around $1.84 billion in notes that pay 2 percent annual interest rate and convert to Tesla common stock in 2024. Tesla said it was "deeply saddened" by the accident, and that its "thoughts are with everyone affected by this tragedy".

Warriors having fun without Durant, but they'll need him
It has raised questions about Durant's true value and whether or not Golden State is a better, more risky team without him. The Warriors, though, have an impeccable record without Durant this season, as long as Stephen Curry is on the floor.

This smartphone app uses paper to ‘hear’ ear infections in kids
The smartphone app detects and analyzes these discrepancies in frequency and predicts the likelihood of fluid buildup. When there is no fluid behind the eardrum, the eardrum vibrates and sends a variety of sound waves back.

La grande décision de Jean Dujardin
Ce 15 mai, Jean Dujardin fait son grand retour au Festival de Cannes, huit ans après le triomphe de The Artist . Celui qui est aussi papa de Simon (19 ans) et Jules ( 18 ans ), raconte qu'il a arrêté de fumer .

Polémique sur la palme d'honneur d'Alain Delon: l'acteur sort du silence
La montée des marches du Festival de Cannes 2019 se déroulait à merveille ce soir pour le casting du film " Les Misérables ". Ou encore Abdellatif Kechiche, palmé en 2013 avec "La Vie d'Adèle", qui défendra "Mektoub my love: Intermezzo".

Bundesliga oppose European Super League: The domestic leagues can't suffer
The statement comes after a board meeting in Warsaw, with European Leagues criticising the proposals from the European Clubs Association.

Deepest submarine dive ever finds plastic waste in Mariana Trench
Once he's conquered the mountains and oceans, Vescovo says his next challenge is space. The previous record was held by " Titanic " director James Cameron in 2012.

Amid trade, Huawei furors, U.S. House panel launches China 'deep dive'
But U.S. officials have presented no evidence of any Huawei equipment serving as intentional conduits for espionage by Beijing. It runs research and development bases around the world in an effort to wean itself off of high-end US components.