With British Steel going into liquidation last month File on 4 investigates the story behind the collapse of the iconic British brand. Reporting from the frontline in Scunthorpe, the programme hears from those in the town fearful of a future that could see 5000 workers losing their jobs and tens of thousands more indirectly. The programme also looks at Greybull Capital – the investment company that bought British Steel for £1 from its previous owner Tata. But Greybull have a chequered history when it comes to their success in revitalising distressed concerns. File on 4 also asks if the government is doing enough to create a level playing field where British Steel can compete in a highly competitive world market. Photo credit: AFP/Getty Images.