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type: Answer
type: WrittenAnswer
answer has question: ovBe6LO7
answer has answering person: oHe9GoOF
answer text: This Government is supporting Tata Steel with £500 million towards building an electric arc furnace, securing the future of steelmaking at Port Talbot. This will protect 5,000 steel jobs and thousands more in the supply chain. The Tata Steel/Port Talbot Transition Board has been set up to support those affected by Tata Steel’s decarbonisation transition, backed by a £100 million fund. Of that funding, £80 million is provided by the UK Government and £20 million will be provided by Tata. To address the potential impact on the supply chain, I have formed a dedicated Supply Chain Sub-Group within the structure of the Transition Board. This group consists of representatives from UK Government, Welsh Government, local government, and Tata Steel UK. This group is actively mapping affected supply chains and developing targeted interventions to specifically support impacted businesses.
answer given date: 2024-05-14+01:00
answer has answering body: kv2Qqfn9
written answer has answering body: kv2Qqfn9