How a government bailout saved British Steel from a £500m environment fine

British Steel found itself in some serious financial trouble last week, without ready means to pay a massive emissions trading liability. Gareth Simkins looks into why the government had to step in.

by Gareth Simkins
Scunthorpe steelworks. Photograph: Gareth James/Geograph
Scunthorpe steelworks. Photograph: Gareth James/Geograph

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