Created: 03 March 2020
Andrew has provided the following Facebook update on Scunthorpe Steelworks.
"Obviously, current focus remains the flooding, but this morning I took a call from the Secretary of State for Business who confirmed that the sale of British Steel to Jingye Group will go ahead on March 9th. This will start to unlock the £1.2 billion of promised investment in the site.
"I am proud that our Conservative Government has continued to stand the £1 million per day costs to keep wages being paid and to keep the site operational so that the business stood a chance of being purchased and secured.
"Whilst thousands of direct jobs and thousands more in the supply chain have been secured now, the sale involves a restructuring that will see 450 jobs go across the sites and my heart goes out to all those affected. In the past such reductions have been managed by voluntary redundancies, early retirements etc but I am unsure of the current details on this occasion. The alternative of course could have been no sale, no new investment and thousands of job losses.
"This has been a very stressful time for everyone and lots of people have worked very hard to get this deal across the line. I pay tribute to the workers at Scunthorpe who have remained resilient throughout.
"Last night I stood up in the House of Commons to once again bang the drum for Scunthorpe by calling on quick decisions to ensure that HS2 utilises Scunthorpe steel.
"I will post more as and when I can and apologies for being a little distracted by the other concerns with flooding in the area at the moment."