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26 Jun
14:56

Celsa Steel UK repays government emergency loan

Celsa Steel UK has repaid in full the £30 million ($38m) emergency Covid loan it took from the UK government in 2020, saving 1,500 UK jobs and generating another 300, the UK Department for Business and Trade says. The loan was provided to help Celsa continue trading during the Covid pandemic. Besides repaying the loan, the company has made additional payments to the government triggered by its strong economic performance following the loan, the departme…
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