Tata Steel UK and the UK government agreed on a joint investment plan in 2023 to make steel production in the UK more sustainable. This transition would involve 2,500 job losses. However, the deal could not be formalised before the recent general elections in UK. The new Labour government wants to finalise the deal including job promises.
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Thehindubusinessline.com | New UK govt could derail Tata Steel plans for job cuts at Port Talbot
Theguardian.com | UK will press for job promises in return for Port Talbot investment
Reuters.com |Britain prioritising jobs Tata Steel talks-minister