• Tuesday, November 29, 2022


Trade union talks in UK for Tata Steel

Koushik Chatterjee, Tata Steel’s group executive director

By: Eastern Eye Staff

INDIAN steel giant Tata Steel is set for what are believed to be crunch talks with trade union representatives of its UK steelworks to settle the deadlock over a £15 billion pension scheme for its workers, the main obstacle in its merger with German rival ThyssenKrupp. The company has reportedly called two days of pension talks to try to secure a merger of its European operations with those of ThyssenKrupp. According to ‘The Sunday Times’, the main focus will be on breaking a deadlock over a £15 billion pension scheme – the main obstacle to a rescue of its Port…

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