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Don t see future in UK without govt support, says Tata Steel CEO; talks underway for financial package

Tata Steel, the Indian-based company that owns the UK’s largest steelworks, is still in talks with the UK government regarding the implementation of financial support for its decarbonisation plans. Tata Steel needed £1.5 bn from the UK government to fulfil its plans, but the counteroffer made by the British government was much lower than the requested amount earlier this year. Tata’s CEO has stated that the company “cannot see its future in the UK without the support of the government., Companies News, Times Now

Latest News | Tata Steel in Global Decarbonisation and Sustainability Map

Get latest articles and stories on Latest News at LatestLY. Three production facilities of Tata Steel Monday received the ResponsibleSteel certification placing the country in the global decarborisation and sustainability map, officials said. Latest News | Tata Steel in Global Decarbonisation and Sustainability Map.

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