Summary
CORUS faces a desperate race against time to find a buyer for its North-East steel plant after an international consortium finally tore up its contract with the UK last night.
Hopes of saving 2,000 jobs at Teesside Cast Products (TCP), in Redcar, east Cleveland, now lie with a frantic search for a buyer before order books run dry.See the full content of this document
Extract
Corus Fears Grow As Deal Torn Up
Last night, angry Corus chiefs said the plant had enough work to keep going to the end of September - while union bosses said they had not given up on hopes that a white knight can be foun...
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