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£13.5m Aid Released for Businesses Affected by Tata Steel Job Cuts

UK government allocates initial funds to support Port Talbot workers and local firms amid transition to greener steel production.

  • Tata Steel's shift to electric arc furnaces will result in 2,800 job losses at Port Talbot.
  • The £13.5m is part of a larger £100m fund to assist affected workers and businesses.
  • Welsh Secretary Jo Stevens announced the funding, emphasizing rapid support for the community.
  • More than 50 businesses have pledged to help displaced steelworkers find new employment.
  • Unions continue to oppose compulsory redundancies and seek alternative solutions.
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