Even without a solvent sale, a pre-pack administration which salvages many of Meridian's jobs remains a realistic possibility, the sources added.
In its accounts for the year 31 May 2017, the company said it"faces pressure in respect of a struggling global steel market".This week, a damning report by MPs on the Business, Energy and Industrial Strategy select committee blamed the Government for failing to deliver a sector deal for the steel industry.
Maybe the govmt can help...oh wait they cant because the cartel in Europe says so
Brexit!
More 'project fear' - when will people report that the £Bns leaving the economy, the job losses and the investment in other countries is purely coincidental with Brexit I am sure lots of countries will face the same issues any day now. Just saving Leavers a few seconds of tripe
Maybe more foreign investment could come to feed off the UK's rotting carcass?