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UK government looking for potential buyers for British Steel-2019 China(Guangzhou) Int’l Laser Equipment and Sheet Metal Industry Exhibition
6/1/2019  - Laser Equipment, Sheet Metal Industry expo
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    According to the report, after British Steel was forced to liquidate on May 22nd, the British government was responsible for taking over the corresponding affairs of bankruptcy. 

Recently, the British government was looking for potential buyers for the failed British Steel. It was reported that the British government was currently paying the salary bill of British Steel employees. 

In addition, the compensation provided by the British government enabled British Steel to continue trading, and the company’s customers were also very supportive.

However, if the official receiver couldn’t find a buyer, British Steel might eventually be liquidated and the employees will be also laid off.
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