Tata Steel's plans to close British Steel scheme 'raised in talks'

Michael Klimes
clock • 4 min read

Tata Steel UK's intention to close the British Steel Pension Scheme (BSPS) to future accrual has been "raised" in discussions with unions, according to a lawyer close to the matter.

Pitmans director Julian Richards who is consul for the National Steel Co-ordinating Committee, told PP the conglomerate sees the pensions issue as a major obstacle to selling the business. It is...

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