UK Government ministers have been branded “mugs” and accused of falling for Tata Steel’s “empty bluff” to close its Port Talbot plant. Indian conglomerate Tata Steel last week confirmed plans to close the blast furnaces in Port Talbot – its biggest UK plant – with the loss of up to 2,800 jobs. Speaking at business and trade questions, Ms Ghani said the Government’s commitment to the sector is “clear” given it is investing in the Port Talbot site. The UK Government has committed to invest up to £500 million while Tata will spend £750 million. Tata said more than £130 million will be spent on measures including redundancy terms, skills retraining and help with job seeking.

Source: The Guardian January 25, 2024 13:49 UTC