Tag: UK govt

LONDON/NEW DELHI: The United Kingdom on Friday announced a joint investment package with Tata Steel worth 1.25 billion pounds, including a government grant of 500 million pounds, for the country's largest steelworks in Wales that will help protect thousands of jobs and boost the British economy.The government's grant has been dubbed as one of the largest British government support packages in history and a "defining moment" for the country's steel industry.As part of the agreement, the Indian steel giant is expected to invest GBP 1.25 billion, including the...