Tata would ‘push on with Port Talbot job losses even with Labour subsidy’

Exclusive: Sources close to Tata say thousands of steelworks redundancies would still go ahead despite promise of supportBusiness live – latest updatesTata Steel would push ahead with thousands of job losses at its Port Talbot site even with hundreds of millions of pounds of subsidies being promised by Labour, sources close to the company have said.People familiar with the company’s plans say the money being promised by Labour if it wins the election would not prevent wide-scale job losses at the site, where Tata says it is losing £1m a day. Continue reading...

Mar 25, 2024 - 21:30
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Tata would ‘push on with Port Talbot job losses even with Labour subsidy’

Exclusive: Sources close to Tata say thousands of steelworks redundancies would still go ahead despite promise of support

Tata Steel would push ahead with thousands of job losses at its Port Talbot site even with hundreds of millions of pounds of subsidies being promised by Labour, sources close to the company have said.

People familiar with the company’s plans say the money being promised by Labour if it wins the election would not prevent wide-scale job losses at the site, where Tata says it is losing £1m a day. Continue reading...

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