Corus to shed 2,800 jobs

Steel manufacturer Corus is to shed a further 2,800 jobs at its sites in Scunthorpe, Teeside and South Wales. The company blames the continued strength of sterling against the euro for the cuts, which follow a similar number last month.

Steel manufacturer Corus is to shed a further 2,800 jobs at its sites in Scunthorpe, Teeside and South Wales. The company blames the continued strength of sterling against the euro for the cuts, which follow a similar number last month.