Tata job cuts: unions attack lack of government action
Source: The Guardian
Sean Farrell and Rob Davies
The government faced renewed calls to tackle the crisis engulfing the British steel industry after the UKs largest steelmaker announced more than 1,000 job cuts.
Tata Steel announced plans to axe 1,050 jobs, including 750 at the UKs largest plant in Port Talbot, south Wales, as it warned that cheap imports from China were endangering the European steel industry.
As steel manufacturers and trade unions urged ministers to step in, David Cameron said the government would continue to work with British-based steelmakers, who have now shed a combined 5,000 jobs since last summer.
Tata blamed falling global steel prices and a flood of cheap imports for the cuts and said the UK and the EUneeded to act more urgently to deal with the crisis in the industry.
FULL story at link.
Read more: http://www.theguardian.com/business/2016/jan/18/tata-job-cuts-union-calls-for-government-action
metalbot
(1,058 posts)Tata Steel is an Indian MNC...
IDemo
(16,926 posts)I always thought 'Tata!' was an appropriate name.
Marty McGraw
(1,024 posts)Tatas.
oh.. you had to know that was coming...
T_i_B
(14,737 posts)...are ex British Steel plants. Steel works that used to be nationalized many moons ago.
https://en.wikipedia.org/wiki/British_Steel