Unions back Tata Steel pension plan
UK Steel workers' unions have given their backing to Indian conglomerate Tata Steel UK's pension plan in a bid to rescue thousands of jobs and allow a merger with German major ThyssenKrupp to go ahead.
Jan 27, 2017, 15:03 PM ISTTata Steel offers to pay millions for pension scheme revamp
Tata Steel Ltd has offered to pay hundreds of millions of pounds to its pension scheme to release a guarantee the fund holds over its Dutch assets, as the Indian firm moves closer to merging its Eu
Jan 13, 2017, 14:49 PM ISTTata planning to keep UK Port Talbot plant operational: report
Indian steel giant Tata Steel is planning to keep its Port Talbot plant in South Wales, the UK's biggest steelworks, fully operational, a media report said today.
Dec 06, 2016, 18:11 PM ISTLiberty to bid for Tata Steel units, Port Talbot sale on ice: Source
Liberty House Group plans to bid for two units of Tata Steel`s British business - specialty steels and pipeline tubes - which operate independently of its Port Talbot plant and related assets that were put up for sale earlier this year, an industry source told Reuters.
Jul 07, 2016, 21:37 PM ISTTata steel closure would tear hole in UK manufacturing supply chain
The closure of Tata Steel`s operations in Britain would leave a hole in manufacturers` supply chains, dealing a blow to thousands of smaller firms across the country and creating a logistical headache for the car industry
Apr 03, 2016, 17:26 PM ISTCameron defends UK blocking higher EU tariffs on Chinese steel
Prime Minister David Cameron has defended UK's decision to reject higher EU tariffs on Chinese steel even as the Business Secretary faced angry Tata Steel workers whose livelihoods have been undermined by cut-price imports at Britain's biggest steel plant in Port Talbot.
Apr 02, 2016, 16:03 PM ISTUK 'doing everything it can' to help steel industry: David Cameron
British Prime Minister David Cameron today assured the nation that his government is "doing everything it can" to save thousands of jobs in the crisis-hit steel industry but warned there were "no guarantees of success" after India's steel giant Tata Steel decided to sell its loss-making UK businesses
Mar 31, 2016, 18:19 PM ISTTata to decide fate of its two UK steel plants this week
At least 18,000 jobs in the UK may become redundant if Tata Steel decide to ditch two of their loss making plants at a board meeting on Tuesday
Mar 27, 2016, 20:30 PM IST