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‘Half a billion pounds to make 3,000 unemployed’: Job cut fears from Port Talbot state aid deal – business live

Unions fear that jobs will be lost through £500m subsidy deal with Tata Steel which could be announced today

Yesterday, Wales’s economy minister Vaughan Gething criticised UK business secretary Kemi Badenoch over a ‘lack of dialogue’ over the impending Port Talbot state aid deal.

On X (formerly called Twitter), Gething called for “a regular formal dialogue” on the issue, and published two letters he had written to Badenoch.

With the reports in the press that a deal might be imminent, it was critical that we had the opportunity to discuss the progress of your negotiations with Tata Steel and the implications not only for the company but for the workforce, the community and the whole of the sector.

The company sits at the heart of one of the UK’s most industrialised regions. Decisions by Tata Steel on the nature and timeframe of its decarbonisation journey will have a profound impact on wider strategic planning for the region.

“We are extremely disappointed and angry actually about the actions of Tata here.

“They gave us assurances at the highest levels that their discussions with the Government would be confined to their joint financial commitments to support Port Talbot and that any and all decisions on investment and the deployment of whatever technology it may be would be made in partnership with the unions.

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