News & views

Need help now?

Our advice centre has a lot of the information you need.

Read more

Community reaction to British Steel “liquidity” statement

16th May 2019

Responding to British Steel’s announcement that it has ‘the required liquidity’ and ‘the backing of its key stakeholders, including shareholders and lenders, and operations continue as normal’, Alasdair McDiarmid, Operations Director for the steelworkers’ trade union, Community, said:

“It’s welcome news that Greybull has found sufficient funds to give the business a chance. However Greybull and the government must continue to focus on finding a solution that secures jobs and the long-term future of British Steel.

“At this critical time we would urge everyone involved, including suppliers and contractors, to hold their nerve and refrain from taking any kneejerk actions that could create further barriers to a successful outcome.”