British government ready to buy 25% stake in Tata Steel's UK assets

British government ready to buy 25% stake in Tata Steel's UK assets

A file photo of Tata Steel’s Port Talbot plant. Photo: Reuters

The British government is willing to purchase as much as 25% of Tata Steel Ltd’s UK business and offer support worth hundreds of millions of pounds to potential buyers of the steel maker’s UK assets.

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