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Hundreds of jobs in danger at Port Talbot steelworks regardless of £500m state help

The Government is to pump as much as £500 million into Britain’s greatest steelworks as a part of plans to provide “greener” metal which may additionally hit hundreds of jobs, sources have mentioned.Tata, the Indian conglomerate that owns the Port Talbot steelworks in South...

UK is not going to observe Biden’s ‘subsidy bowl’ financial coverage – Hunt

The 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...

Considerations 1000’s of jobs at Britain’s greatest steelworks may very well be misplaced

Tlisted below are issues that 1000's of job losses are set to be introduced at Britain’s greatest steelworks underneath plans to provide “greener” metal.Tata, the Indian conglomerate that owns the Port Talbot steelworks in south Wales, has been in talks with the Government for...

Fears for hundreds of jobs at Britain’s greatest steelworks

Unions worry hundreds of job losses are to be introduced on Friday at Britain’s greatest steelworks below plans to provide “greener” metal.Tata, the Indian conglomerate that owns the Port Talbot steelworks in south Wales, has been in talks with the Government for months over...

Hunt suggests India commerce deal might be struck this yr

A UK-India commerce deal might be agreed by the tip of the yr, Chancellor Jeremy Hunt has indicated.He mentioned there was “real political momentum” behind a deal however the subsequent few weeks could be essential.Prime Minister Rishi Sunak, who was on the G20 summit...

Retailers warn Chancellor towards £400m enterprise charges hike

Bosses of a raft of Britain’s greatest retailers, comparable to Tesco, M&S and B&Q, have urged the Chancellor to freeze their property taxes to keep away from a roughly £400 million hike.A bunch of 44 retail leaders have written to Jeremy Hunt to halt...