Tata Steel seals £500m UK support package but big job losses feared

Unions say as many as 3,000 workers could lose posts in long term on back of deal to help decarbonisation plans

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The UK government has agreed a £500m support package for Tata Steel to secure the future of the Port Talbot steelworks, in a deal unions said will have “devastating consequences”, with as many as 3,000 workers expected to lose their jobs.

India’s Tata group, which owns the vast steelworks in south Wales – Britain’s biggest – is also expected to inject about £725m to help it transition to greener production methods.

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