Tata Steel to cut 1,200 jobs at Scunthorpe and Lanarkshire plants

Tata Steel has announced nearly 1,200 job losses at its plants in Scunthorpe and Lanarkshire.

They are the latest in a series of job losses across the UK steel sector, following news that administrators have been appointed to parts of Caparo Industries' steel operations.

The industry has blamed cheap Chinese imports for a collapse in steel prices.

Economics Editor Robert Peston reports.