UK agrees major joint investment plan with Tata Steel for Welsh steelworks
Friday, 15 September 2023 The UK on Friday announced that it had agreed a joint investment package with Tata Steel for the country's largest steelworks in Wales, including a grant worth up to GBP 500 million - dubbed one of the largest British government support packages in history and a "defining moment" for the steel industry.
The United Kingdom and Tata Steel have announced a joint investment package worth 1.25 billion pounds. On Friday, the UK and Tata Steel made the announcement of the deal which will include a government grant of 500 million pounds, for Britain’s largest steelworks in Wales. Reports said that the...
Labour MP Stephen Kinnock voices deep concerns over the UK Government's investment into electric arc furnaces (EAF) at Tata Steel at Port Talbot. He says that the EAF technology will result in more job..
Business Secretary Kemi Badenoch announced a £500 million support package for Tata Steel, emphasising its role in preserving skilled jobs in Wales. Badenoch described the proposal as historic,..