British Steel edges into the black as workers handed shares

British Steel, sold for £1 last year, scraped through a sales crunch to deliver its first profit in 10 years today.  The company’s 4800 steelworkers will also be given a stake worth 5% under a new share deal.  Earnings were chalked up at  £47 million for the year ending March 2017 after a £79 million loss last year. 

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