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Tata Steel UK business News

06 Dec 2016

Tata planning to keep UK Port Talbot plant operational: report

Indian steel giant Tata Steel is planning to keep its Port Talbot plant in South Wales, the UK's biggest steelworks, fully operational, a media report said today.

01 Apr 2016

British govt to help secure a buyer for Tata Steel's UK biz

Amid fears that 15,000 jobs may be lost, the UK today said it will appoint independent advisors once the sale of Tata Steel's UK business commences and, alongwith the Welsh government, help in securing a buyer for the country's largest steelmaker.

01 Apr 2016

UK biz sale to ease pressure on Tata Steel's ops: Moody's

Tata Steel's plans to sell the UK business will help reduce pressure on the steelmaker's operating performance, Moody's Investors Service said on Friday.

30 Mar 2016

Tata Steel plans to sell UK biz due to 'deteriorating financial performance'

Nine years after acquiring Corus to become Europe's second largest steel maker, Tata Steel has finally announced plans to sell its UK business as the company battles to control its "deteriorating financial performance".

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