British Steel secures short-term funding to continue operating

摘要

UK long steel maker British Steel has secured short-term fundingfrom its lenders that will enable it to continue “operations asnormal,” the company said on Friday May 17.“As the business navigates the significant uncertainties caused byBrexit, and explores options to strengthen the business for the longterm, we are pleased to confirm that we have the required liquiditywhile we work toward a permanent solution,” the company said.“Brexit” is the name given to the process by which the UK intendsto leave the EU.