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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...