Desperate David Cameron is terrified that he will be as reviled as Margaret Thatcher in the history books because of the Conservative’s bungling of the steel crisis and has ordered his…Read more…
Rescue plan agreed
Steelworkers have agreed to accept a temporary three per cent pay cut and changes to terms and conditions as part of a rescue plan by Greybull Capital, the company buying Tata’s Long Products…Read more…
Govt steel support shift?
The government hinted that part-nationalisation of Tata’s UK operations now up for sale could be a possibility as a buyer is being sought. Business secretary Sajid Javid said yesterday (April…Read more…
British Steel is ‘back’
British Steel has made a comeback in Scunthorpe, after the sale of Tata’s Long Products Division in Scunthorpe was officially agreed this morning (April 11) and new owner, investment firm Greybull,…Read more…
‘No panic-driven fire sales’
Business secretary Savid Javid returned from Mumbai today (April 7) after talks with Tata Steel chairman Cyrus Mistry in a bid to gain assurances that the Indian steel conglomerate will sell off its…Read more…
‘Conservator’ call
With official concern that nationalisation of TATA Steel could potentially expose the exchequer to considerable liabilities, a new form of public sector intervention may be required if a buyer for…Read more…
Brexit won’t save UK steel – The government could already do much more within the EU
Tata Steel, the second largest steel producer in Europe, employs thousands of British workers. Its plan to sell its UK assets has kicked the UK’s steel industry crisis up a gear, with up to 40,000…Read more…
‘On the same page’
Business secretary Savid Javid has met with unions, ministers as well as potential buyers of Tata Steel’s UK operations in a bid to save an industry that may be weeks away from collapse if urgent…Read more…
‘Act responsibly’
Representatives for thousands of car workers at Jaguar Land Rover (JLR) today (April 5) wrote to Cyrus Mistry, the chairman of the carmaker’s parent company, Tata Group demanding the conglomerate…Read more…
‘Failed to get to grips with crisis’
Labour has proposed a £35bn plan to save Port Talbot steel works and the rest of the British steel industry by bringing forward work on HS2 and 500 other rail, airport and road projects. More…Read more…
‘Deliver our plan’
Steel unions emerged from today’s (April 4) meeting at TUC headquarters in London with specific steps the government can take now to save the steel industry. The meeting was attended by one…Read more…
“See us through this storm”
Steelworkers are continuing their campaign to save the industry today (April 4) as steel unions held emergency talks this afternoon. The talks come on the eve of the government’s woefully…Read more…
‘Sort this now’
Steel union leaders are set to meet today (April 4) to discuss the steel crisis in an effort to save thousands of jobs. “After a tumultuous few days this will be the first time representatives…Read more…
‘Scrambling’ for a solution
Tata Steel’s decision on Tuesday (March 29) to sell its entire UK operation shocked the nation, and now government ministers are scrambling to come up with a solution after stalling for more than a…Read more…
Tata steel crisis needs real action – not confusion and mixed messages
Tata Steel’s plans to sell its UK assets have plunged our steel industry into uncertainty. It’s not just the 4,000 steelworkers in Port Talbot who risk losing their jobs but also thousands more workers in Tata’s businesses elsewhere in the UK, and people working in Tata’s supply chains – which…Read more…
Now or never
On one of the darkest days for British steel communities, when Tata Steel announced last night (March 29) its intention to sell all of its UK assets, putting up to 19,000 jobs at risk in the process,…Read more…
In the dark
Last night (March 29) the steel industry was dealt a hammer blow as TataSteel UK announced that it plans to completely withdraw from its British operation, putting thousands of jobs at risk. …Read more…
Renationalise steel now plea
Late last night (Tuesday March 29) Tata steel UK confirmed steelworkers and their communities worst nightmares – they are withdrawing from British operation completely – putting thousands of jobs at…Read more…
‘Speculation and fears’
The future of the UK’s largest steelworks hangs in the balance, as Tata Steel holds a crucial board meeting in Mumbai today (March 29) over its turnaround plan for its Port Talbot plant. Board…Read more…
Steel works saved
Unite today (March 24) welcomed the news that metals firm Liberty House has signed a deal to buy the Clydebridge and Dalzell steel works from Tata Steel and urged UK minsters to look at Scotland’s…Read more…