Tata decision to sell steel business will have major impact on UK economy


Logistics and manufacturing associations have warned that Tata’s decision to sell off its steel operation in the UK will have major repercussions on the wider economy unless a buyer is found. The warning follows the news that Tata’s board yesterday (29 March) rejected a rescue plan of its UK steel business, voting instead to sell all its steel plants in the UK. Ian Gallagher, FTA head of policy for Wales, said Tata’s decision was very bad news for FTA members. […]