Geri ™️ on Nostr: Reynolds says on #BBCLauraK that the government will rescue Tata Steel Tata Steel ...
Reynolds says on #BBCLauraK that the government will rescue Tata Steel
Tata Steel Limited, the direct parent company of Tata Steel UK Limited made £3 billion in EBITDA and £900 million in net profits in 2022/23.
Tata Steel Limited has reserves of £1.6 billion and has paid out dividends of £1.4 billion to shareholders between 2019 and 2023
But, we, the British Taxpayer, have to bail them out because they are THREATENING to close their plant at Port Talbot.
#FFS
#BBCLauraK
Tata Steel Limited, the direct parent company of Tata Steel UK Limited made £3 billion in EBITDA and £900 million in net profits in 2022/23.
Tata Steel Limited has reserves of £1.6 billion and has paid out dividends of £1.4 billion to shareholders between 2019 and 2023
But, we, the British Taxpayer, have to bail them out because they are THREATENING to close their plant at Port Talbot.
#FFS
#BBCLauraK