British Steel enters into insolvency, EY appointed by official receiver: Sky News

A British Steel works sign is seen in Scunthorpe, northern England, Britain, May 21, 2019. REUTERS/Scott Heppell/Files

LONDON (Reuters) - EY has been appointed as special manager by the official receiver as British Steel plunges into insolvency after failing to secure an emergency government loan, Sky News reported on Wednesday.



(Reporting by Kate Holton; editing by Costas Pitas/Guy Faulconbridge)