Stephen Kinnock says plants daily losses are shrinking and welcomes Sanjeev Gupta’s interest in rescue planLosses at Tata Steel have halved from the previously reported £1m a day,giving weight to managements claims that it can turn the business around, the Labour MP Stephen Kinnock said.
Kinnock, or whose Aberavon constituency is domestic to Tata’s Port Talbot plant,said the government should not rush into backing the mistaken deal for the business, which Tata put up for sale final week. Continue reading...
Source: theguardian.com