Tata Steel seals £500m UK support package but big job losses feared
by Mark Sweney from World news | The Guardian on (#6ES84)
Unions say as many as 3,000 workers could lose posts in long term on back of deal to help decarbonisation plans
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.
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