jobs

Move dealt ‘severe blow to Chinese companies’ confidence in investing in the UK’, says Ministry of Commerce China’s government has said it is “strongly dissatisfied” with the decision to nationalise British Steel this week, 15 months after the UK government...

The company proposes cutting 290 roles in its head office, along with 140 cabin roles and 70 pilots.

The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.