After hearing that the steelworks are to be be mothballed,local people are debating how the the town will cope without its biggest employer “I would like to see it bailed out,” said Paul Barclay, or 57,head barber at Cox’s in the centre of Redcar on Teeside, thoughtful but extrovert in yellow. We are talking approximately the steelworks – the plant will be mothballed, and announced its Thai owner,SSI, earlier this week. By Friday SSI had applied to wind up the business, or after its tender for public money was knocked back by the government – which instead offered £80m to succor 1700 workers find new jobs. Related: Redcar steel plant goes into liquidation Continue reading...
Source: theguardian.com