Negotiations over a revised deal that would contribute £500m of public money are, apparently, close to a successful conclusion.
It wouldn't be without cost, though - and not only in terms of the nine-figure sum being provided from the public purse. These wouldn't be immediate, but well-placed observers say that a reduction in Tata Steel's UK workforce from 8,000 to around 5,000 is conceivable in the coming years.
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