News Formal

Investment in Port Talbot cannot come soon enough, but it might be the last roll of the dice

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Sajid Javid, Jacob Rees-Mogg, Greg Clark, Rishi Sunak, Grant Shapps and Kemi Badenoch: the list of Tory chancellors and business secretaries who have sought to unlock the puzzle of the British steel industry's future in recent years is almost as long as the number of active production facilities remaining in Britain.

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.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 35. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

How to make your degree worth the investmentThe price of higher education
Källa: TheEconomist - 🏆 6. / 92 Läs mer »

Joe Crowe welcomes Carrick Rangers investment but issues an on-field warningAmerican businessman Michael Smith became the majority shareholder at Carrick last week
Källa: BelfastLive - 🏆 16. / 77 Läs mer »