An expected announcement on the future of the country’s biggest steel plant is not being made on Wednesday.The board of steel giant Tata met in India and was expected to give details of job losses under plans to produce steel in a greener way.The government has said it will give up to £500 million and Tata will spend hundreds of millions of pounds in a development aimed at securing the future of the plant.
“We believe our £1.25 billion proposal to transition to green steelmaking will secure the business for the longer term, bolster UK steel security and help develop a green ecosystem in the region. Charlotte Brumpton-Childs, GMB national officer, said: “GMB expects a full and meaningful consultation before any detailed plans are announced.
“The strategy of successive governments has failed. Taxpayers should not be footing the bill for new investment unless that is linked to binding job guarantees.
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