he Government’s £500 million intervention into Britain’s greatest steelworks is just not an indication that ministers are set to observe Joe Biden’s “subsidy bowl” financial coverage, the Chancellor has mentioned.
Jeremy Hunt insisted that the monetary backing for Tata, the Indian conglomerate proprietor of the Port Talbot steelworks in South Wales, got here after “very credible commitments” have been acquired about its personal £750 million funding plans.
