Tata Steel UK: Tatas plans to pull out of UK steel business in the absence of government support

Tata Sons is eyeing Tata Steel’s exit from its UK operations with little hope of a £1.5billion grant package for the proposed transition to green energy from the UK government led by Liz Truss, people familiar with the matter said. Tata Sons said the funding was needed to replace carbon-intensive blast furnaces with electric arc … Read more