The chapter highlights the struggles of Tata Steel in the UK, discussing factors like the global financial crisis and Brexit that led to a decision to shut down a steel plant impacting thousands of employees. It also explores the UK government's investment of 500 million pounds to revamp Tata Steel operations for sustainability through electric arc furnaces, aiming to save jobs and reduce carbon emissions.
In today’s episode for 19th June 2024, we tell you why the UK government is paying £500 million to Tata Steel.
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