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Nov 11, 2019
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colletta smith in scunthorpe, in scunthorpe. colletta smith in scu nthorpe, thank you in scunthorpe. colletta smith in scunthorpe, thank you very much. the uk economy recovered in the third quarter of the year, growing by 0.3% to reverse a contraction earlier in the year. but the growth was modest and the figures showed economy has slowed to its lowest rate in almost a decade. here's our economics correspondent andy verity. in peterborough, this is the biggest tyre distribution centre in the country. it is the sort of service business which does well when consumers are not ready to invest in a new car but are ready to buy new tires to keep the old motor going. in the third quarter of the year, that pattern was repeated across the economy. business in services picking up but weak investment not helped by brexit uncertainty. picking up but weak investment not helped by brexit uncertaintym makes it difficult to plan for the future in terms of our cost base and what selling price we need to make the money that the company needs to r
colletta smith in scunthorpe, in scunthorpe. colletta smith in scu nthorpe, thank you in scunthorpe. colletta smith in scunthorpe, thank you very much. the uk economy recovered in the third quarter of the year, growing by 0.3% to reverse a contraction earlier in the year. but the growth was modest and the figures showed economy has slowed to its lowest rate in almost a decade. here's our economics correspondent andy verity. in peterborough, this is the biggest tyre distribution centre in the...
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Aug 16, 2019
08/19
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british steel employs around 11,500 workers, the vast majority here at scunthorpe. another 800 on teesside. 20,000 jobs in the supply chain also depend on it. steel production in an industry that's been feeling the heat. this loss—making business was bought by greybull capital for a pound three years ago, but it collapsed. the government's official receiver took control and the search for a buyer began. ataer, the investment arm of turkey's military pension fund, has now clinched a provisional deal. sources told the bbc it was the best offer, saving morejobs. the next stage of the process from our perspective is we now expect ataer to engage with us, present their plans for proper scrutiny. right from the beginning we've always said that this business needs to be kept together. the long—term future of steel—making in scunthorpe needs to be secured, and there needs to be an investment plan which takes the business forward and secures steel—making in scunthorpe and the north—east of england for generations to come. there is some way to go though before this
british steel employs around 11,500 workers, the vast majority here at scunthorpe. another 800 on teesside. 20,000 jobs in the supply chain also depend on it. steel production in an industry that's been feeling the heat. this loss—making business was bought by greybull capital for a pound three years ago, but it collapsed. the government's official receiver took control and the search for a buyer began. ataer, the investment arm of turkey's military pension fund, has now clinched a...
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Nov 11, 2019
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scunthorpe in the north—east. they are good highly paid and highly skilled job each of which supports at least another two jobs locally. we have to see this through to the conclusion. we are talking about families, middle of november and thinking about christmas, after months of worry, what does an announcement like this do? it feels everyone with confidence. we are not done yet and we need to keep our eye on the ball and see it through to the conclusion whatever government is in power but it will give everyone a huge boost. we know jingye are serious and we look forward to working with them to make sure we get the right outcome for the people of scunthorpe and the community is related to british steel and the uk economy because it isa steel and the uk economy because it is a strategic business. a quick word on what the government have done because it is their action that perhaps ease this through, isn't it? that is right. the learnt lessons from 2015 when ssi went into liquidation, that did not have to happen and
scunthorpe in the north—east. they are good highly paid and highly skilled job each of which supports at least another two jobs locally. we have to see this through to the conclusion. we are talking about families, middle of november and thinking about christmas, after months of worry, what does an announcement like this do? it feels everyone with confidence. we are not done yet and we need to keep our eye on the ball and see it through to the conclusion whatever government is in power but it...
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May 21, 2019
05/19
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in a moment we'll talk to coletta smith at british steel in scunthorpe but first let's get the latest from our business correspondent emma simpson jamie oliver's restaurant chain, what's gone wrong? his restaurant business has been struggling for quite a long time. it also —— almost went bankrupt a few years ago and he ploughed in £13 million of his own money to keep it going. they did a restructuring last year, 12 outlets closed, the loss of some 600 jobs and they brought in a new management tea m and they brought in a new management team and new funding but it seems that wasn't enough to turn things around. we know some 25 outlets are affected, the vast majority of them atjamie's affected, the vast majority of them at jamie's italian, the affected, the vast majority of them atjamie's italian, the chain he started back in 2008. we are waiting ona started back in 2008. we are waiting on a statement from the administrators but we know this affects some 1300 jobs. jamie oliver has been speaking on twitter this morning saying i appreciate how difficult this is for everyone affected.
in a moment we'll talk to coletta smith at british steel in scunthorpe but first let's get the latest from our business correspondent emma simpson jamie oliver's restaurant chain, what's gone wrong? his restaurant business has been struggling for quite a long time. it also —— almost went bankrupt a few years ago and he ploughed in £13 million of his own money to keep it going. they did a restructuring last year, 12 outlets closed, the loss of some 600 jobs and they brought in a new...
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Jun 28, 2019
06/19
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scunthorpe scunthorpe, many more in the supply chain. scu nthorpe is scunthorpe, many more in the supply chain. scunthorpe is a huge supplier of steel, someone knows someone who works there in the town, it would be devastating for the town. the beds are on sunday, anybody interested in buying british steel. some potential buyers have emerged, some as far as away from france and russia. 0ne company, called gsw, one of india's leading steelmakers. british steel is important, one of their biggest customers is network rail. 95% of all railtrack v travel on in this country supplied and made in scunthorpe. a country supplied and made in scu nthorpe. a lot country supplied and made in scunthorpe. a lot ofjobs rest on finding new buyer. one steel expert has said today, i don't see a saviour on the horizon. let's hope he's wrong. lets hope indeed. we'll be thinking of everybody in scunthorpe over weekend. so, naomi, why have chimney sweeps been making the news? for many, they might conjure up images of dick van dijk in the classic film mary poppi
scunthorpe scunthorpe, many more in the supply chain. scu nthorpe is scunthorpe, many more in the supply chain. scunthorpe is a huge supplier of steel, someone knows someone who works there in the town, it would be devastating for the town. the beds are on sunday, anybody interested in buying british steel. some potential buyers have emerged, some as far as away from france and russia. 0ne company, called gsw, one of india's leading steelmakers. british steel is important, one of their biggest...
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Jul 25, 2019
07/19
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good solution for british steel at scu nthorpe and elsewhere. good solution for british steel at scunthorpe and elsewhere. the north—east children and young people will be off school today, they may well be watching this spectacle but forgive me for not encouraging them to have faith in the prime minister's bluster and warm words because the factors that are no—deal brexit put at risk our 63% of exports to the eu and therefore theirfamiliesjobs. exports to the eu and therefore their families jobs. i hope that the children in her constituency, that she describes, will be able to learn from watching these proceedings that they will get more funding for their schools! 4000 people in primary schools! 4000 people in primary schools! 5000 per pupil in secondary schools! 5000 per pupil in secondary schools! that will be welcome news for them all. the vast majority of people in my constituency who voted to leave welcome the determination of the promised to deliver brexit. beyond that, we welcome extra police numbers because we share the concern about rising crime but when can we know the number
good solution for british steel at scu nthorpe and elsewhere. good solution for british steel at scunthorpe and elsewhere. the north—east children and young people will be off school today, they may well be watching this spectacle but forgive me for not encouraging them to have faith in the prime minister's bluster and warm words because the factors that are no—deal brexit put at risk our 63% of exports to the eu and therefore theirfamiliesjobs. exports to the eu and therefore their...
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Aug 16, 2019
08/19
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here in scunthorpe, its main plant dominates the landscape and provides most of the work. today, news of a tentative deal to rescue the business. it's a move forward from may when we were in a period of extreme uncertainty and obviously concern, to now where we have a preferred bidder and an announcement from the official receiver that they are entering into more detailed discussions with the hope of a purchase by the end of october, is extremely positive. the scunthorpe steelworks and its other assets in the north—east, are an important strategic asset for the uk. british steel employs around 11,500 workers, the vast another 800 on teeside. 20,000 jobs in the supply chain also depend on it. steel production in an industry that's been feeling the heat. this loss—making business was bought by greybull capital for a pound three years ago, but it collapsed. the government's official receiver took control and the search for a buyer began. ataer, the investment arm of turkey's military pension fund, has now clinched a provisional deal. sources told the bbc it was the best o
here in scunthorpe, its main plant dominates the landscape and provides most of the work. today, news of a tentative deal to rescue the business. it's a move forward from may when we were in a period of extreme uncertainty and obviously concern, to now where we have a preferred bidder and an announcement from the official receiver that they are entering into more detailed discussions with the hope of a purchase by the end of october, is extremely positive. the scunthorpe steelworks and its...
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Aug 16, 2019
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that we have been talking about. people in scunthorpe that we have been talking aboutlj people in scunthorpe that we have been talking about. i turkish investment group may be offering a rescue deal for british steel, 4000 workers at british steel are worried, understandably so about losing theirjobs. or industry in the uk that has been in decline, not just for the past few years and not just for the past few years and not just because of the exit for a decade at least, not to say there is not some uncertainty about the exit, but like the car industry... where is the steel going? i know you are sceptical... i am fascinated, because i hope they are rescued, i do. but i am interested in, turkeys and in the eu, britain will not be in the eu, where is the stuff going? i what particular interested is that a turkish investment group has decided that this deal is profitable to buy? that's what doesn't add up. exactly. that is my point. however, individuals cannot always dictate where that market is going, if it got some great insight, fine. where that market is going, if it got some great insight,
that we have been talking about. people in scunthorpe that we have been talking aboutlj people in scunthorpe that we have been talking about. i turkish investment group may be offering a rescue deal for british steel, 4000 workers at british steel are worried, understandably so about losing theirjobs. or industry in the uk that has been in decline, not just for the past few years and not just for the past few years and not just because of the exit for a decade at least, not to say there is not...
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May 21, 2019
05/19
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we are talking about 4000 jobs, most employed here at the works in scunthorpe at some across teeside and cumbria. it‘s crunch time here for british steel, a lot of factors coming together at once for them as a company. they had an unexpectedly big bill from the eu to do with carbon emissions and they weren‘t expecting to have to pay that because the eu —— the uk should have left the eu, that‘s what they were planning for. they had a significant drop in the amount of orders on their books because a lot of companies that buy from them aren‘t sure what tariffs they will have to pay in the future when the uk leaves the eu. because of that reduction in orders on their books a lot of the lenders are very worried here at british steel and that‘s what hearing today, that those lenders may well get too concerned and pull the plug, essentially, calling in administrators into the company u nless administrators into the company unless the government steps in. that‘s what british steel are hoping for, they asked for a loan of up to 75 million, we believe they reduce that request t
we are talking about 4000 jobs, most employed here at the works in scunthorpe at some across teeside and cumbria. it‘s crunch time here for british steel, a lot of factors coming together at once for them as a company. they had an unexpectedly big bill from the eu to do with carbon emissions and they weren‘t expecting to have to pay that because the eu —— the uk should have left the eu, that‘s what they were planning for. they had a significant drop in the amount of orders on their...
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Nov 11, 2019
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chinese firm confirms a rescue deal for british steel — buying it for 70 million and saving 4000 jobs in scunthorpe and teesside. it has been a big concern, nobody knowing what would happen and whether they would have a job to pay their
chinese firm confirms a rescue deal for british steel — buying it for 70 million and saving 4000 jobs in scunthorpe and teesside. it has been a big concern, nobody knowing what would happen and whether they would have a job to pay their
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Nov 11, 2019
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chinese firm confirms a rescue deal for british steel — buying it for 70 million and saving 4000 jobs in scunthorpe and teesside. it has been a big concern, nobody knowing what would happen and whether they would have a job to pay their mortgage. finally something positive. it's good. there are 42 flood warnings still in place in the north of england. ministers will hold an emergency meeting tomorrow as locals underline the scale of the crisis. a state of emergency has been declared in new south wales and queensland as bushfires continue to burn, posing what authorities say, is a "catastrophic" threat. families in england will benefit from two cannabis—based medicines approved for the nhs — but others say they still won't get what they need. hello and welcome to our look ahead to what the papers will be bringing us tomorrow. with me are asa bennett, the brexit commissioning editor at the telegraph, and sienna rodgers, who's the editor of labourlist. many of tomorrow's front pages are already in. the financial times says borisjohnson has been given a boost after nigel farage‘s announcement tha
chinese firm confirms a rescue deal for british steel — buying it for 70 million and saving 4000 jobs in scunthorpe and teesside. it has been a big concern, nobody knowing what would happen and whether they would have a job to pay their mortgage. finally something positive. it's good. there are 42 flood warnings still in place in the north of england. ministers will hold an emergency meeting tomorrow as locals underline the scale of the crisis. a state of emergency has been declared in new...
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Jun 21, 2019
06/19
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areas like hull, scunthorpe, grimsby north—east. areas like hull, scu nthorpe, grimsby have north—east. areas like hull, scunthorpe, grimsby have felt far fewer benefits and have felt a little overlooked. five years on, transport links getting to and from these dolls, travelling across the north generally, remains the biggest challenges for businesses. from coast—to—coast, hull to liverpool, the idea was to produce a powerful economy to rival london. but some business leaders are now increasingly sceptical about what difference the northern actually made. a lot of people still see the north as manchester centric. the north exist 20 miles past manchester, we are here, we are ready to do business. poor transport links are still the biggest challenge for many businesses here, especially for hauliers. we have very few arterial routes. they are clogged, they are not wide enough, traffic doesn't flow enough. if you look at the rail line, we are not electrified into hull even now with electric trains dare not come into hull. we do no
areas like hull, scunthorpe, grimsby north—east. areas like hull, scu nthorpe, grimsby have north—east. areas like hull, scunthorpe, grimsby have felt far fewer benefits and have felt a little overlooked. five years on, transport links getting to and from these dolls, travelling across the north generally, remains the biggest challenges for businesses. from coast—to—coast, hull to liverpool, the idea was to produce a powerful economy to rival london. but some business leaders are now...
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May 14, 2019
05/19
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but in additional financial support, but in a context of the employment story, british steel and at scunthorpe plant employs around 5000 people directly, around four times that indirectly so there is a fairly significant degree of employment components in the story. jeremy stretch, thank you. egon, take me to the markets. the footsie turned out because of those reports, world dutch shell is also doing well because there has been positive news about its cash flow, vodafone lost £6.6 billion last year so no surprise on their losses, brent crude on the way up. are you here tomorrow? i am not. then i will not see you. see you soon. every year hundreds of ex—servicemen and women receive help at the defence and national rehabilitation centre. it provides expert care for people suffering serious physical or mental trauma. last year the centre relocated from headley court in surrey — to a much bigger site at stanford hall near loughborough. and today cameras were allowed inside for the first time. phil mackie reports. an early morning run on the new track at stanford hall. and for the patients tr
but in additional financial support, but in a context of the employment story, british steel and at scunthorpe plant employs around 5000 people directly, around four times that indirectly so there is a fairly significant degree of employment components in the story. jeremy stretch, thank you. egon, take me to the markets. the footsie turned out because of those reports, world dutch shell is also doing well because there has been positive news about its cash flow, vodafone lost £6.6 billion...
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May 22, 2019
05/19
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the steel plant in scunthorpe dominates the landscape. it also dominates life, with 3000 people from the town working in the plant. today, their future, like the company's is unclear. it's notjust this town that gets affected, it's everywhere around it. that's a lot of people's lives up in the air. if it goes, the town will disappear, really. there is all your little businesses, there will be nothing here. i feel that the steelworks is the lifeblood of the town. basically, it's the heart of the town. if the heart stops beating, services, retail, everything else will be affected massively. british steel employs 5000 people across the uk and abroad, but it's thought the company supports a further 20,000 jobs in its supply chain. it's notjust the people directly employed by the contractors that rely on the steelworks forjobs, house prices, people aren't going to be able to buy houses if they haven't got a regular income. today's news is the latest blow in the long decline of steel—making, which was once the bedrock of british engineering.
the steel plant in scunthorpe dominates the landscape. it also dominates life, with 3000 people from the town working in the plant. today, their future, like the company's is unclear. it's notjust this town that gets affected, it's everywhere around it. that's a lot of people's lives up in the air. if it goes, the town will disappear, really. there is all your little businesses, there will be nothing here. i feel that the steelworks is the lifeblood of the town. basically, it's the heart of the...