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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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Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
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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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UK To Pump $621 Million Into Tata Steel To Secure Steel Industry
Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, in a deal aimed at securing the future of the country's steel industry but which puts as many as 3,000 jobs at risk.
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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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Prince Charles Appoints Indian-Origin Steel Tycoon As UK Skills Ambassador
Indian-origin steel tycoon Sanjeev Gupta has been appointed by Britain's Prince Charles as an official ambassador for the Industrial Cadets programme designed to nurture manufacturing skills.
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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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Opinion: Why Tata Steel Means So Much To David Cameron
Saving the steel industry is currently Prime Minister David Cameron's Number One priority.
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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.
-
Tata Steel To Cut 2,800 Jobs In UK As Company Shuts 2 Blast Furnaces
Indian-owned Tata Steel is to cut up to 2,800 UK jobs, it announced Friday, as the industry transitions to greener production of the metal.
-
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.
-
UK To Pump $621 Million Into Tata Steel To Secure Steel Industry
Britain is to pump 500 million pounds ($621 million) into Tata Steel to decarbonise its Welsh site, in a deal aimed at securing the future of the country's steel industry but which puts as many as 3,000 jobs at risk.
-
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...
-
Prince Charles Appoints Indian-Origin Steel Tycoon As UK Skills Ambassador
Indian-origin steel tycoon Sanjeev Gupta has been appointed by Britain's Prince Charles as an official ambassador for the Industrial Cadets programme designed to nurture manufacturing skills.
-
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.
-
Opinion: Why Tata Steel Means So Much To David Cameron
Saving the steel industry is currently Prime Minister David Cameron's Number One priority.
