[Rees-Mogg in talks with UK steelmakers
as fears grow for thousands of jobs
Business secretary liaises with Tata Steel and Jingye Group
over Port Talbot and Scunthorpe sites
The business secretary,
Jacob Rees-Mogg, has opened talks with
Britain’s steelmakers amid concerns that
thousands of jobs could be lost from
the struggling industry.
The government confirmed on Monday
it had entered discussions with Tata Steel,
owner of the UK’s largest steelworks
in Port Talbot, south Wales,
and Jingye Group,
which bought British Steel
out of insolvency in 2020.
The Chinese company has agreed to maintain
its current operations and job numbers
as talks get under way,
the Department for Business,
Energy and Industrial Strategy (BEIS) said.]
https://www.theguardian.com/business...bs-tata-jingye