LEPs stand ready to support British Steel workers and the supply chain
Following the appointment of the Official Receiver to oversee British Steel, and the statement from Business Secretary Greg Clark today (Wednesday 22 May), Director of the Greater Lincolnshire Local Enterprise Partnership, Ruth Carver, makes clear that LEPs stand ready to work with local partners on the future of steel making in the town, and support the workers and the supply chain.
"The news this morning that British Steel has entered insolvency is extremely worrying for the company, its employees and the people and businesses of Scunthorpe and Lincolnshire.
3,500 people work at the Scunthorpe plant, with a further 20,000 jobs within the supply chain across the Midlands and the Northern Powerhouse.
It is still early days, which means there’s a lot of uncertainty, but we hope that the company, the government, North Lincolnshire Council and the area’s LEPs will come together to discuss the future of steel making in the town, and to support the workers along with those in the supply chain and wider community.
The Great Lincolnshire LEP is committed to growing the economy of Scunthorpe and North Lincolnshire and has already committed over £11 million of funding to support schemes such as the Lincolnshire Lakes housing development and Northern Roundabout Junction, Normanby Enterprise Park Site 7, Scunthorpe town centre regeneration and Scunthorpe University Campus."