Skip to content
CityAM
Main navigation
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • Canada BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Iran to close Strait of Hormuz yet Trump threatens toll

      Aerial view of ships navigating the strategic Strait of Hormuz, highlighting its importance to global maritime trade routes

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
    • From our partners
      • The Morning Briefing: SBS x CityAM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Why 2026 World Cup is when AI becomes the interface between fans and football 

      GettyImages 2280946892: Professional meeting with diverse business executives discussing strategies in a modern office set...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Fogo de Chao nominated for Best Casual Dining Toast award

      Fogo de Chão restaurant exterior with vibrant signage and bustling entrance at popular city location

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Latest Paper
Saturday 03 February 2024 9:02 am  |  Updated:  Saturday 03 February 2024 9:06 am

Tata Steel begins formal 45-day consultation over plans for Port Talbot plant

By: CityAM reporter

Add as a preferred source on Google
Tata will replace existing blast furnaces with electric arc furnaces
Tata will replace existing blast furnaces with electric arc furnaces

Tata Steel has started a formal 45-day consultation on its restructuring which is set to lead to thousands of job losses.

The company is planning to shut down blast furnaces at its plant in Port Talbot, south Wales, and switch to a more environmentally friendly way of producing steel.

The move is expected to lead to the loss of around 2,800 jobs.

A spokesperson said: “Today we have started the formal consultation process with our trades union partners regarding the proposed restructuring of the UK business.

“This information sharing and consultation process will continue for a minimum of 45 days, through which we hope to have an open and constructive dialogue regarding the challenges the business is facing.

“As required, we have submitted the headline numbers of roles that would be impacted at each of our UK sites, and shared these through the UK Steel Committee.

“We understand what an unsettling time this is for our people and we are determined to give every support to our employees, contractor partners and communities with the help of the Transition Board, which met again yesterday.”

Unite general secretary Sharon Graham said: “Tata’s announced plans are short sighted and are not in the best interests of the company, the workforce or Britain. This consultation period must be used to take stock of where we are now.

“Following talks with Unite, Labour has been very clear that funding will be made available and confirmed that it will put £3 billion into the UK steel industry. Tata has already confirmed that it wants to see the detail of Labour’s plans and that it is open to building a new DRI facility – which means they will need these highly skilled workers.

“Tata must now take up Labour’s offer and begin conversations prior to the forthcoming general election. Failure to do so could make Britain the only G20 nation completely reliant on importing high grade steel. This would be a threat to our national security.

“If Tata believes it will be a tick box exercise on a done deal, it is very much mistaken. Unite will be meeting with members to discuss potential action to oppose the proposed job cuts.”

Unite regional secretary for Wales Peter Hughes said: “The proposed redundancies would be devastating for the workforce, Port Talbot and south Wales – and would leave the UK unable to make virgin steel.

Read more

Starmer to nationalise British Steel in bid to save premiership

Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.

“Unite will be entering into consultation with Tata over these plans and will be crystal clear that they should not be happening. We cannot have rushed talks and the statutory consultation period of 45 days is entirely inadequate given the sheer scale of the proposed job losses and the knock-on effects they would have.”

Charlotte Brumpton-Childs, GMB national officer, said: “The company has today triggered the minimum 45-day consultation period and has shared the details of those affected.

“GMB’s position remains that we do not accept the need for any non-compulsory job losses. We are engaging with our experts to analyse Tata’s latest proposal.”

A UK Government spokesperson said: “We recognise that this is a concerning time for Tata’s employees at Port Talbot and we will continue to support staff affected by the transition.

“The UK government has put in place one of the biggest support packages in history, with a £500 million grant as part of the £1.25 billion commitment by Tata to secure the future of the Welsh steel industry.

“Additionally, £100 million has been put towards the creation of a Transition Board – £80 million from the UK government and £20 million from Tata Steel. The Board is chaired by the Secretary of State for Wales, to directly support those affected.

“This record level of support shows just how much the UK Government values the Welsh steel industry and the people and communities whose livelihoods depend on it.”

Community union assistant general secretary Alasdair McDiarmid said: “The National Trade Union Steel Co-ordinating Committee met with Tata this afternoon, and we were informed that the company is today launching the statutory 45-day consultation period on its restructuring plans.

“We informed the company that we will not be bound by the 45 days, and our consultations will take as long as necessary.

“Community has not accepted the company’s plan, and we will continue to explore alternatives to their damaging proposals.

“Community will do whatever it takes to protect our members’ interests, our industry and our communities.”

Read more

Industry chiefs slam packaging tax that could push food prices higher

Greencore sandwich packaging range in focus amid industry concerns over potential food price hikes due to new tax

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Energy

People & Organisations

  • Tata Steel

Trending Articles

  • FTSE 100 Live: Pound dips and stocks slip as Andy Burnham victory triggers political uncertainty

  • Kaleb Cooper: Brits don’t care about the price of milk 

  • Judge rejects Gatwick Airport bid to block new relaxed runway slot rules

  • Iran to close Strait of Hormuz yet Trump threatens toll

  • PwC UK chief swipes global role in international shake-up

More from CityAM

  • Starmer to nationalise British Steel in bid to save premiership

    Politics
    Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.
  • Industry chiefs slam packaging tax that could push food prices higher

    Retail
    Greencore sandwich packaging range in focus amid industry concerns over potential food price hikes due to new tax
  • Cabinet ministers urge Starmer to set path for succession

    Politics
    Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.
  • Collective redundancy reforms could saddle firms with ‘perpetual’ bureaucracy

    Economics
    Office for National Statistics
  • ‘Don’t feel great’: Treasury minister irked by Darren Jones and Mandelson texts

    Politics
    Darren Jones speaking at a conference podium, addressing business professionals, dressed in a formal suit and tie.
  • Business services staff face redundancies at City law firm

    Legal
    Office for National Statistics
  • Government sets out conditions for unlocking ‘trapped capital’ in defined benefit pension schemes

    Personal Finance
    Dominic Cummings claims China has stolen vast amounts of secret UK material
  • Starmer prepares child social media curbs as pressure mounts on addictive apps

    Tech
    Keir Starmer stands with a British flag, highlighting political leadership and national pride in a business news context.

CityAM Canada — business, markets and opinion for Canadian readers.

Sections

  • Business
  • Markets
  • Tech
  • AI
  • Economics
  • Opinion
  • Cities

Company

  • About
  • Contact

Legal

  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 CityAM Canada. All rights reserved.
Terms · Privacy · Cookies