The Indian multinational has been lobbying for subsidies to decarbonise the steelworks in south Wales for months
The plant in south Wales is the largest producer of steel in the UK, employing around 4,000 people and as many as 10,000 in the wider community., most notably from China.
It has been widely reported that both were offered around £300m towards decarbonisation but the companies have been lobbying for more.on Saturday, negotiations with Tata are now at an “advanced” stage and the government has increased its offer of subsidies to £500m. However, they said the government is “committed to securing a decarbonised, sustainable, and competitive future for the UK steel sector.”
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