It was now time to concentrate on plans for the future of the Lanarkshire area, where an enterprise zone is to be created. British Steel's action is a further sign of its difficulties.
LLOYDS CHEMISTS has acquired two retail businesses in Wishaw, Lanarkshire, from J&V Morrison for Pounds 650,000 in cash plus stock at valuation.
That will be used on economic regeneration in Lanarkshire and elsewhere. In return Scottish Enterprise and Akeler will form a partnership which could lead to Akeler's involvement in other industrial developments.
HOPES evaporated yesterday that Nucor, the US steel producer, would salvage part of British Steel's complex at Ravenscraig, Lanarkshire.
It will concentrate production at Motherwell, Lanarkshire, James Buxton writes. The Bridgeton plant, which employs 239 people, makes coalmine tunnelling equipment.