Government pledges £500 million to protect Tata steel jobs
Video Credit: ODN - Duration: 01:01s - Published
Government pledges £500 million to protect Tata steel jobs
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, highlighting its impact on protecting Welsh jobs and promoting the UK steel industry while boosting the national economy.
She said that without the investment “we would probably have seen the end of steel making, certainly in this part of the country, if not in the whole of the UK.” Report by Covellm.
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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..
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