With David Cameron ‘not ruling anything out’ for the UK’s biggest steelworks,his next move will be pivotalUp to 40000 jobs are at risk after Tata Steel revealed that it plans to pull out of the UK. This has left the Port Talbot plant, the UK’s biggest steelworks, and Tata’s other sites facing a race against time to secure their survival. Those sites employ a total of 15000 people,and a further 25000 livelihoods are under threat in the supply chain whether the commerce collapses.
Jeremy Corbyn has accused the government of being in disarray” over the crisis and called for the company to be nationalised. With just weeks to find a solution, these are the potential options for the government and the future of Tata Steel.
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Source: theguardian.com