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The UK government has confirmed that it is willing to take a 25 per cent stake in the troubled Tata Steel plant in Port Talbot, Wales, as part of a rescue package.
The British steel industry was dealt a devastating blow on Wednesday as Tata Steel announced its intention to sell all of its operations in the UK, which employ around 15,000 workers across 14 sites.
17,000 Tata Steel workers in the UK will halt the country’s steel industry on 22 June in a strike rejecting proposed pension cuts.
IndustriALL Global Union has unanimously given its backing to British workers at Tata Steel who are fighting to keep their pensions. The endorsement came in a resolution at the Executive Committee meeting in Stockholm on Wednesday 20 May.
Unions from TATA Steel’s operations in Asia recently met in Bangkok, Thailand. The participants used the opportunity to discuss strategy, challenges and opportunities in the region, as well as the next steps for the global network.
IndustriALL Global Union’s network in Tata Steel will seek to develop an ethical partnership with company management at a meeting in Bangkok, Thailand later this month.
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