British Steel - exclusive talks with preferred bidder

16 Aug 2019
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GMB, the union for British Steel workers, has responded to news the official receiver has entered exclusive talks with its preferred bidder.

The insolvency Service this morning announced an agreement signed between Ataer Holdings A.S. and the Official Receiver sees the preferred buyer in exclusive talks to confirm their intention to take on the steel making business and its subsidiaries

Ross Murdoch, GMB National Officer, said:

"Our members are staring redundancy in the face as uncertainty continues to hang over the company.

“This dedicated and loyal workforce must not be an afterthought amidst all of the speculation.

“GMB looks forward to engaging with the new management as soon as it is established to ensure direct employment protection and decent terms and conditions for the workers who have been put in this position through no fault of their own." 

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