Tata Steel set to cut UK jobs

City A.M. Reporter
TATA Steel, Europe’s second-largest steel producer, could cut around 500 jobs under plans to restructure the part of its British business that supplies the construction and engineering industries.

Changes to its long products business – which makes tubes, rails and rods, used in many industrial sectors – will affect management and administrative jobs at sites in northern England, primarily Scunthorpe, where 340 positions could be lost, Tata said.