Ministers announce £13.5m ‘safety net’ for workers and businesses affected by Tata Steel
MINISTERS announced £13.5 million funding to support supply chain businesses and workers affected by job losses at Tata Steel today.
The Indian conglomerate closed one of its two blast furnaces in Port Talbot last month and plans to shut the second in September, as it moves to greener production and cutting thousands of jobs.
Welsh Secretary Jo Stevens, chairwoman of the Tata Steel/Port Talbot Transition Board, said the funding will support local businesses that are heavily reliant on Tata Steel as their main customer.
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