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British Steel to cut 400 jobs worldwide

British Steel has announced it is to cut 400 jobs from its worldwide operations.
The company, which employs 5,000 people, said the job losses were part of a "streamlining" process.
Most of the redundancies will be in managerial, professional and administrative roles across its businesses in the UK, Ireland, France and the Netherlands.
The Community trade union described the news as "a body-blow to the workforce".
Roland Junck, British Steel's executive chairman, said he was "sad" to be making the announcement.
"However, it's vital our transformation continues so we can build a sustainable future for the whole business, nearly 5,000 employees and many more people in the supply chain," he said.
"We're confident these proposals will help achieve this."
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