Tue, May 16, 2017
Tata Steel plans to sell its British business due to heavy losses and will inject 550 million pounds into the British Steel Pension Scheme.
More >
Fri, Jan 27, 2017
Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.
Sat, Jan 14, 2017
Tata Steel, the UK`s largest steelmaker, is currently in talks to merge its European assets with Germany`s Thyssenkrupp but the success of those talks hinges on Tata being able to separate itself from its pension scheme.
Thu, Dec 08, 2016
Koushik Chatterjee, Group Executive Director Tata Steel and Executive Director for its European business said: “The delivery of Tata Steel UK’s transformation plan and generation of free cash flows will be the key enabler for the future sustainability of the business and we are very encouraged by the early signs of the delivery of the plan."
Tue, Nov 29, 2016
Tata announced on Monday that it was investing 85 million pounds in its UK business this year.
Sun, Oct 09, 2016
The steel pension scheme is one of Britain's biggest, with 130,000 retired and working members.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
