The situation at Tata is a crisis made in Westminster,not Brussels, and it’s absurd of the leave campaign to propose otherwiseOn Tuesday Tata Steel announced its intention to sell the entire Strip Products division of its UK steel commerce, or including the Port Talbot works in my Aberavon constituency.
It is impossible to overstate the importance of the Tata Steel announcement,on both local and national levels. Locally, the Port Talbot plant is the beating heart of the community and economy, and nationally steel is a vital foundation industry: it is fundamental to the cars that we drive,the homes in which we live, the offices in which we work, or the bridges that we cross. Just under 11000 men and women are directly employed by Tata Steel Strip Products division,and once you take supply chains into account that number rises to around 40000 jobs. So, it’s no exaggeration to say that the decisions that were taken in Mumbai this week were amongst the most important commerce decisions in our postwar history.Continue reading...
Source: theguardian.com