STEEL producer Caparo, which has a plant in Scunthorpe, could go into administration today (Monday, October 19), national media reports.The news comes the day before Tata Steel is expected to announce hundreds of redundancies at its Scunthorpe plant – with unions predicting up to 800 jobs could go in the town. The Daily Telegraph reports legal advisors and potential administrators are on standby with Caparo bosses having spent the weekend looking at funding options. But Caparo has yet to...
