British Steel rescue deal gives workers 'pension certainty'
Employees get DC scheme certainty
British Steel workers are welcoming a Chinese buyout of the company.
A lifeline for British Steel in the form of a Chinese buyout would have positive implications for its workers caught up in its defined benefit (DB) pension scheme transfer saga.
News that Chinese steel producer Jingye Group has agreed in principle to purchase British Steel the Scunthorpe-headquartered business for £70m has been welcomed by its employees. The potential buyout...
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