indias tata steel to cut about 1200 british jobs
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

India's Tata Steel to cut about 1200 British jobs

Arab Today, arab today

Arab Today, arab today India's Tata Steel to cut about 1200 British jobs

Tata Steel plant
London - Arab Today

India's Tata Steel on Tuesday said it would cut around 1,200 jobs at two plants in Britain, blaming the move in part on cheap imports from China.

"This comes in response to a shift in market conditions caused by a flood of cheap imports, particularly from China, a strong pound and high electricity costs," Tata said in a statement coinciding with the start of a four-day visit to Britain by Chinese President Xi Jinping.

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