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Tata Steel secures £500m for Port Talbot; 2,500 jobs lost

By Abigail Townsend

Date: Wednesday 11 Sep 2024

(Sharecast News) - The government has agreed to pay Tata Steel £500m to help redevelop the Port Talbot steelworks, it was announced on Wednesday, securing the site's future.
Around 2,500 jobs will still be lost, however.

Announcing the deal to Parliament, business and trade secretary Jonathan Reynolds said the deal...

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