11/02/2015

Over 450 jobs to go at UK steelmaker Caparo

Administrators of steelmaker Caparo Industries 452 employees are to be made redundant, in the latest blow to Britain's struggling steel industry.PricewaterhouseCoopers (PwC) said in a statement the redundancies would take immediate effect but that efforts were continuing to find buyers for other parts of the group which employ over 1,200 workers.