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UK government pledges help for Corus workers

The UK government has come out in support of the 2,500 Corus employees who lost their jobs earlier this week with a commitment to a support package to try and get as many of them back into work as possible. The government announcement has been backed up by Euro MP Glenys Kinnock who is strongly in favour of a support and benefits scheme designed to offset the obvious serious impact of these job losses.

However, the demise of Corus has led to angry reprisals for the EU where a number of members are known to heavily subsidise their domestic steel companies, something the UK government has never done. Many are now calling upon the EU to give UK companies parity with their overseas counterparts and attempt to reduce any further impact on the employment numbers of the company.

While there is no doubt that the demise of Corus will lead to significant financial concerns for a number of workers, the group is confident of its long-term future and believes this rebasing of costs was unavoidable. There are some in the UK, who have lost their jobs or may lose their jobs in the future, questioning why the steel industry should receive special attention when so many other industries have been shedding jobs for some time.

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