BRITISH STEEL INVESTMENT ‘WELCOME’ BUT ‘ULTIMATELY A STICKING PLASTER’ SAYS GMB

BRITISH STEEL INVESTMENT ‘WELCOME’ BUT ‘ULTIMATELY A STICKING PLASTER’ SAYS GMB

Deal does nothing to address wider issues in the industry, says GMB Union

GMB has responded to the expected announcement the Government will invest £300 million in British Steel.

Charlotte Brumpton-Childs, GMB National Officer, said:

“Any investment in the UK’s beleaguered steel industry is welcome.

“But ultimately this is a sticking plaster – it does nothing to address the wider issues in the industry; catastrophic energy costs and a grossly uneven international trading environment.”