This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Contact us for details of exhibiting and conference

Deal secured to keep Tata Steel’s Port Talbot steel plant open, UK unions say

07 December 2016

A deal to secure jobs and production at Port Talbot and other steelworks across the UK has been made with Tata Steel, trade union sources have confirmed. This follows talks involving representatives from Community, Unite and the GMB at the Port Talbot steelworks on December 7.

Stock image
Stock image

Community Union said it had "secured a commitment from Tata Steel" over the future of the company's steelworks. Tata's UK business was originally put up for sale in March.

Details of the deal include a guaranteed, minimum five-year commitment to two blast furnaces, a 10-year £1bn investment plan to support steel making at Port Talbot, and a consultation on replacing the current British Steel Pension Scheme with a "defined contribution scheme" with maximum contributions of 10% from the company and 6% from employees.

Speaking after meeting with union representatives, Roy Rickhuss of Community Union said: "Reaching this stage of the process is a credit to the hard work of our members who never gave up the fight to 'Save Our Steel'."
 


Contact Details and Archive...

Print this page | E-mail this page

CSA Sira Test