Tata Steel: Port Talbot

Department for Business and Trade written question – answered at on 27 March 2024.

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Photo of Lord Wigley Lord Wigley Plaid Cymru

To ask His Majesty's Government what steps they have taken to persuade the Tata Steel Company to minimise job losses in their steel works at Port Talbot.

Photo of Lord Offord of Garvel Lord Offord of Garvel Parliamentary Under Secretary of State (Department for Business and Trade)

As announced on the 15th of September 2023, Tata Steel is investing £1.25 billion, including a UK Government grant worth up to £500 million, in a new Electric Arc Furnace. This support is expected to save at least 5,000 jobs in the company, and thousands more in the supply chain.

Where staff are affected by the transition to an Electric Arc Furnace, Tata has a legal obligation to consult staff in a meaningful way, and this process is underway, led by the company. Whilst this is a process for the company to lead on, Ministers and officials are meeting regularly with both Tata Steel and Union representatives, and will continue to hold Tata to account during the consultation process.

Regardless of the outcome of the consultation, we are working with Tata Steel to provide up to £100 million of funding for a dedicated Transition Board, with membership including representatives of the Welsh Government, to support impacted employees and the local economy. Tata has also announced that they will provide a £130 million comprehensive support package for affected employees.

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