It is “only right” that a decision on taxpayer support to safeguard Tata’s UK steel plants will have to wait until the new prime minister is in place, Welsh Secretary Sir Robert Buckland has said.
Tata has been in talks with the Government about its decarbonisation plans, but the Tory leadership contest looks set to delay the process until either Liz Truss or Rishi Sunak is in No 10.
In an interview with the Financial Times earlier this month, chairman of Tata Group Natarajan Chandrasekaran warned that a transition to a greener steel plant was "only possible with financial help from the Government".
