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| Version 1 | Version 2 |
|---|---|
| Redcar steelworks: Owners SSI go into liquidation | Redcar steelworks: Owners SSI go into liquidation |
| (35 minutes later) | |
| SSI UK, the owners of the Redcar steelworks, has gone into liquidation. | SSI UK, the owners of the Redcar steelworks, has gone into liquidation. |
| The Thai parent company has applied to the court in Thailand to wind up its UK arm, which has been granted. | The Thai parent company has applied to the court in Thailand to wind up its UK arm, which has been granted. |
| On Monday, it was announced the plant on Teesside was to be mothballed with the loss of 1,700 jobs. | On Monday, it was announced the plant on Teesside was to be mothballed with the loss of 1,700 jobs. |
| The director of the SSI UK, Cornelius Louwrens, said he would try to determine how operations would be affected, but there would be a focus on keeping the coke ovens burning. | The director of the SSI UK, Cornelius Louwrens, said he would try to determine how operations would be affected, but there would be a focus on keeping the coke ovens burning. |
| A taskforce was set up to support workers after the mothballing announcement and it was meeting when news of the liquidation emerged. | A taskforce was set up to support workers after the mothballing announcement and it was meeting when news of the liquidation emerged. |
| Middlesbrough South Labour MP Tom Blenkinsop, who was attending, said: "Our thoughts and heartfelt feelings go out to every worker and their families at this time, during the obvious pain and disappointment they will be feeling." | Middlesbrough South Labour MP Tom Blenkinsop, who was attending, said: "Our thoughts and heartfelt feelings go out to every worker and their families at this time, during the obvious pain and disappointment they will be feeling." |
| Devastating news | |
| The GMB union said it was seeking to establish what liquidation would mean for the future of the workers. | The GMB union said it was seeking to establish what liquidation would mean for the future of the workers. |
| Roy Rickhuss, general secretary of the Community union, described it as devastating news for the workforce, their families and the community. | Roy Rickhuss, general secretary of the Community union, described it as devastating news for the workforce, their families and the community. |
| "We will be taking steps to ensure our members' interests are represented through this process and putting claims forward for what they are owed," he said. | "We will be taking steps to ensure our members' interests are represented through this process and putting claims forward for what they are owed," he said. |
| Earlier, the government revealed plans for an aid package for workers worth "up to £80m" but it was swiftly followed by a warning of "more bad news to come" from Business Secretary, Sajid Javid. | |
| He said details of the funding package were still being worked through, but it would include retraining and help for those setting up small businesses. | |
| But Mr Blenkinsop said: "We need to keep talking with the government, but my understanding in relation to state aid is that it only applies to companies that trade. | |
| "Now this site is no longer trading, it has been liquidated. These are assets owned by three Thai banks but they are not trading. | |
| "Therefore, we need to make the argument with the receiver that the quickest way to make value of these assets for those creditors, is to put them in the hands of people who potentially want to run them and trade." |