1000’s of jobs at Tata metal plant might be saved as ministers ‘in talks’

The Government might be set to log off a £500m assist package deal to safe the way forward for metal making in South Wales.

Sky News studies officers are near agreeing the help package deal with Tata Steel – which might additionally see the metal producer’s Indian father or mother firm make investments £700m into the Port Talbot website which can safe hundreds of jobs.

As a part of the deal, it’s thought Tata Steel will even make investments £700m into its Port Talbot website, which employs round 4,000 folks.

The firm employs round 8,000 folks within the UK, with round 3,000 jobs anticipated to be misplaced over the long-term.  

The deal might be finalised by as quickly as this month, based on studies.

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