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The Guardian - UK
The Guardian - UK
Business
Mark Sweney and Alex Lawson

Future Tory PM tasked with Tata talks over demand for £1.5bn in subsidies

Port Talbot steelworks in south Wales
Port Talbot steelworks employs about 3,500 people and is one of only two in Britain capable of turning iron ore and coal into molten iron and steel. Photograph: Paul Ellis/AFP/Getty Images

The next UK prime minister will be tasked with handling crunch talks with the owner of the UK’s largest steelworks over a demand for £1.5bn in subsidies.

India’s Tata group owns the vast Port Talbot steelworks in south Wales and has been in negotiations over government subsidies to help it either transition to greener production methods or look at site closures.

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