British Steel: Up to 1,200 jobs could be affected by shake-up, union warns
British Steel is expected to axe hundreds of jobs in plans to close its coke ovens in Scunthorpe.According to union sources, the Chinese-owned manufacturing company was said to be cutting 300 jobs, with another 600 to 900 being “optimised” - although it is not clear what this optimisation would mean.It comes as ministers are considering a multimillion-pound rescue package for the struggling business.British Steel employs around 4,000 people around the UK but has struggled in the last decade and has changed hands several times.