Grant would help steelmaker cut its carbon footprint and avoid thousands of jobs losses
Jeremy Hunt is poised to approve a £300m financial support package for British Steel designed to cut its carbon footprint and avoid thousands of jobs being lost.
The chancellor is expected to tell the UK’s second-biggest steelmaker, which employs about 4,000 people, within days that he has given the green light to the delivery of £300m in instalments over the next few years.
