New British govt prioritising avoiding job cuts in Tata Steel talks

INSUBCONTINENT EXCLUSIVE:
The new government will need to sign the 500 million pound ($635 million) support package the previous government agreed with Tata Steel to
help build a lower-carbon electric arc furnace
Photo: Bloomberg1 min read Last Updated Jul 07 2024 | 3:27 PM IST Britain's new government is prioritising avoiding job losses in talks
with Tata Steel over government backing for a transition to lower-carbon technologies, business minister Jonathan Reynolds said on
shutdown of its other one is slated for September, resulting in the loss of up to 2,800 jobs at Port Talbot in South Wales. The new
government will need to sign the 500 million pound ($635 million) support package the previous government agreed with Tata Steel to help
having."First Published: Jul 07 2024 | 3:27 PMIST