British Steel Industry
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"Naive" To Allow Chinese Firm For Steel Industry, Says UK Minister
The UK was "naive" to allow its sensitive steel industry to fall into the hands of a Chinese company, Britain's business secretary said on Sunday after the government took control of British Steel.
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British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
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Tata Motors Denies Intent Of Selling Stake In Jaguar Land Rover
Earlier some reports claimed Tata Motors is looking for a strategic partner for Jaguar Land Rover (JLR) after talks with the British government on a financial rescue package has failed. The company reportedly is also planning to sell off its UK steel plant lock, stock, and barrel. However, the Indian auto manufacturer has completely denied this rum...
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No Guarantee Over Future Of UK Steel Industry, Says UK PM David Cameron
Prime Minister David Cameron said there was no guarantee that government efforts to save the British steel industry would be successful, as ministers search to find a buyer for Tata Steel's UK assets.
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"Naive" To Allow Chinese Firm For Steel Industry, Says UK Minister
The UK was "naive" to allow its sensitive steel industry to fall into the hands of a Chinese company, Britain's business secretary said on Sunday after the government took control of British Steel.
-
British Steel May Cut 2,000 Jobs In Move To "Greener" Technology: Report
British Steel is preparing to axe up to 2,000 jobs as part of a cost-cutting programme, according to a report, even as its Chinese owners seek large subsidies from the UK government.
-
Tata Motors Denies Intent Of Selling Stake In Jaguar Land Rover
Earlier some reports claimed Tata Motors is looking for a strategic partner for Jaguar Land Rover (JLR) after talks with the British government on a financial rescue package has failed. The company reportedly is also planning to sell off its UK steel plant lock, stock, and barrel. However, the Indian auto manufacturer has completely denied this rum...
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No Guarantee Over Future Of UK Steel Industry, Says UK PM David Cameron
Prime Minister David Cameron said there was no guarantee that government efforts to save the British steel industry would be successful, as ministers search to find a buyer for Tata Steel's UK assets.
