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File on 4: Steeling for the Future

02/07/2019

Steeling for the Future

BBC Radio 4 - File on 4, Steeling for the Future

Could more have been done to save British Steel from insolvency?

File on 4 investigates the collapse of British Steel and asks if Greybull Capital, who owned the company when it went into liquidation, could have done more to save it

With British Steel going into liquidation last month File on 4 investigates the story behind the collapse of the iconic British brand.  Reporting from the frontline in Scunthorpe, the programme hears from those in the town fearful of a future that could see 5000 workers losing their jobs and tens of thousands more indirectly. 

The programme also looks at Greybull Capital – the investment company that bought British Steel for £1 from its previous owner Tata. But Greybull have a chequered history when it comes to their success in revitalising distressed concerns. File on 4 also asks if the government is doing enough to create a level playing field where British Steel can compete in a highly competitive world market.

Photo credit: AFP/Getty Images.

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