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Tata Steel: £13.5m to help firms hit by Port Talbot job losses

August 15, 2024
in Business
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Tata Steel: £13.5m to help firms hit by Port Talbot job losses
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Ms Stevens told BBC Radio 4’s World At One “everything is on the table” in those talks because “we want to protect as many jobs as possible”.

Asked if she accepted virgin steel will no longer be made in Port Talbot, only recycled steel, she said: “I want to see all types of steel products made in the United Kingdom, and I want to see as many as possible made here in Wales.”

The £13.5m announced on Thursday is to support local firms whose main customer is Tata Steel find new markets and to help workers find new jobs, access training and gain skills and qualifications in areas where there are vacancies.

Tata launched a voluntary redundancy process last month, asking for expressions of interest by 7 August.

Ms Stevens chaired the Tata Steel Port Talbot transition board for the second time on Thursday, a body set up by the previous Conservative government.

Speaking before the meeting she said the “release of an initial £13.5m in funding demonstrates that we will act decisively to support workers and businesses in Port Talbot, working with Welsh government, unions and the wider community”.

She said the funding puts “a safety net in place now to ensure we can back workers and businesses, whatever happens”.

The Labour minister also announced that more than 50 businesses have signed a pledge to support any workers forced to leave their jobs in the steelworks.

Credit: Source link

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