Tata Steel: UK government confirms £500m subsidy
Source: BBC
Getty ImagesMinisters say the deal secures the future of Tata's Port Talbot plantThe UK government says it has reached a "new and improved deal" with Tata Steel, confirming it will give a £500m grant to the company.The money will go towards the cost of building a greener electric furnace in Port Talbot, and matches the amount agreed by the previous Conservative government. About 2,500 workers are set to be made…
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