Reported 28 days ago
The UK government has announced a new support package for Port Talbot Steelworks workers facing job losses due to a shift towards greener production methods. The package offers improved severance terms and a reskilling program for approximately 2,800 affected employees as Tata Steel plans to replace traditional blast furnaces with a new electric furnace, aiming to significantly cut carbon emissions. Despite the deal being described as 'not ideal', the government commits to further investment in the steel industry, emphasizing its importance in a sustainable economy.
Source: YAHOO