you are so angry.
It became British Steel again in 2016.
In late 2015 a prelimary agreement was made with
Greybull Capital for the sale of the long products division.
[8] The sale was agreed to on 11 April 2016 for a nominal £1, with Greybull taking over the assets and liabilities of the division. At takeover the division employed approximately 5,000 workers, predominately in the UK.
[9] The sale was completed at the end of May 2016, with the resulting business renamed
British Steel.
[10][note 1] As part of the takeover, new agreements were made with workers and unions, including a wage cut, end to bonus schemes, and the end of a final salary pension scheme. The British Steel Pension Scheme (BSPS) was not included in the sale. Greybull stated that at acquisition the business was profitable.
[12]
In June 2017, it was reported that the previously loss-making plant at Scunthorpe was once again back in profit, a year after Greybull took the concern over from Tata Steel. The 2015-2016 financial year saw a loss of £79 million, whilst 2016-2017 produced a profit of £47 million before tax. In light of this, British Steel Limited announced that the 3% pay cut agreed to by the workers on takeover, would be reversed.
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Do keep up and don't let anger cloud your mind. You could learn stuff here.