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

Danmark Nyheder Nyheder

Investment in Port Talbot cannot come soon enough, but it might be the last roll of the dice
Danmark Seneste Nyt,Danmark Overskrifter
  • 📰 SkyNews
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

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.

Vi har opsummeret denne nyhed, så du kan læse den hurtigt. Hvis du er interesseret i nyheden, kan du læse hele teksten her. Læs mere:

SkyNews /  🏆 35. in UK

Danmark Seneste Nyt, Danmark Overskrifter

Similar News:Du kan også læse nyheder, der ligner denne, som vi har indsamlet fra andre nyhedskilder.

How to make your degree worth the investmentHow to make your degree worth the investmentThe price of higher education
Læs mere »

Joe Crowe welcomes Carrick Rangers investment but issues an on-field warningJoe Crowe welcomes Carrick Rangers investment but issues an on-field warningAmerican businessman Michael Smith became the majority shareholder at Carrick last week
Læs mere »

Ellesmere Port man who stabbed mum after bingo detained in hospitalEllesmere Port man who stabbed mum after bingo detained in hospitalMarc Weaver, who repeatedly stabbed his 73-year-old mum, is given an indefinite hospital order.
Læs mere »

Crystal Palace set for ownership change as investors eye £395m dealCrystal Palace set for ownership change as investors eye £395m dealFootball Insider has been told that Ares management are willing to relinquish their investment in Crystal Palace in favour of a £395m Chelsea deal.
Læs mere »



Render Time: 2025-04-26 13:06:20