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The government has announced a £13.5 million fund to assist workers affected by job losses at Tata Steel, with promises that “all options are on the table” to mitigate the impact of the company’s transition to greener steel production. The funding will support supply chain businesses and workers impacted by the job reductions resulting from Tata’s shift to more sustainable production methods at its Port Talbot plant in South Wales.
Welsh Secretary Jo Stevens, who chairs the Tata Steel Transition Board, confirmed the funding in advance of the board’s second meeting. She emphasized that the government aims to protect as many jobs as possible and maintain a strong steel industry in the UK, particularly in Wales.
The initiative includes support for local businesses reliant on Tata Steel and funding for job placement, training, and requalification for affected workers. More than 50 businesses have pledged to assist displaced workers.
Stevens highlighted the importance of securing private sector investment in the future of UK steelmaking and reiterated that all potential solutions will be explored during negotiations with Tata Steel. Business Secretary Jonathan Reynolds described the funding as a crucial step towards supporting affected workers and the broader supply chain.
Tata Steel UK’s CEO Rajesh Nair noted the transition board’s role in managing the shift to low-CO2 steelmaking and supporting regional regeneration while addressing the impact on employees, suppliers, and communities.
Community Union’s national officer Alun Davies welcomed the funding but reiterated opposition to Tata’s proposed job cuts, advocating for alternatives to compulsory redundancies. The ongoing negotiations aim to balance the company’s transformation with the protection of jobs and local industry.
