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Tata secures £500m support for steelworks, large job losses feared

By Abigail Townsend

Date: Friday 15 Sep 2023

(Sharecast News) - The UK government is to provide Tata Steel with up to £500m to redevelop the Port Talbot steelworks, after a long-anticipated deal was agreed on Friday.
Thousands of jobs are expected to be lost as a result, however.

Under the deal, the government will provide up to...

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