Tata Steel: Port Talbot

(asked on 6th March 2024) - View Source

Question to the Department for Business and Trade:

To ask His Majesty's Government what steps they are taking to encourage Tata Steel to minimise job losses in their steel works at Port Talbot.


Answered by
 Portrait
Lord Johnson of Lainston
Minister of State (Department for Business and Trade)
This question was answered on 20th March 2024

The Government is providing a grant worth up to £500 million, as part of a wider £1.25 billion investment by Tata Steel. This will not only modernise Port Talbot but protect the majority of jobs for the long term.

Tata has a legal obligation to consult staff in a meaningful way, and this process is underway, led by the company. Whilst this is a process for the company to lead on, Ministers and officials are meeting regularly with both Tata Steel and Union representatives and will continue to hold Tata to account during the consultation process.

Regardless of the outcome of the consultation, we are working with Tata Steel to provide up to £100 million of funding for a dedicated Transition Board, with membership including representatives of the Welsh Government, to support impacted employees and the local economy. Tata has also announced that they will provide a £130 million comprehensive support package for affected employees.

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