Government Commits £500 Million for Tata Steel’s Green Transition

Some 2,800 job losses are still expected at Port Talbot, with GMB union leader Gary Smith saying the UK must stop decarbonisation through de-industrialisation.

Tata Steel's Port Talbot steelworks in south Wales on Sept. 15, 2023. Ben Birchall/PA Wire

The government has struck a deal with Tata Steel to secure some jobs while the Port Talbot plant moves to a low-carbon system for producing steel.

In addition to Tata’s £750 million commitment, the government agreed to contribute £500 million in plans unveiled on Wednesday. That investment can be clawed back should Tata Steel not fulfil its commitments, including retaining 5,000 jobs across the UK after the change.