Unions say as many as 3,000 workers could lose posts in long term on back of deal to help decarbonisation plans
- Business live – latest updates
The UK government has agreed a £500m support package for Tata Steel to secure the future of the Port Talbot steelworks, in a deal unions said will have “devastating consequences”, with as many as 3,000 workers expected to lose their jobs.
India’s Tata group, which owns the vast steelworks in south Wales – Britain’s biggest – is also expected to inject about £725m to help it transition to greener production methods.
Continue reading…
