The £6bn takeover of Corus by Indian firm Tata Steel has been given a mixed reception in Wales, with concern about jobs in the long term the main issue. Welsh Secretary Peter Hain said Tata’s chairman had given him an “absolute assurance” over the firm’s future.
Green Marine
about 20 years ago
Jobs worry after Corus takeover
The £6bn takeover of Corus by Indian firm Tata Steel has been given a mixed reception in Wales, with concern about jobs in the long term the main issue. Welsh Secretary Peter Hain said Tata’s chairman had given him an “absolute assurance” over the firm’s future.
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