Fri, Jan 27, 2017
Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.
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Sat, Jan 14, 2017
Tata Steel, the UK`s largest steelmaker, is currently in talks to merge its European assets with Germany`s Thyssenkrupp but the success of those talks hinges on Tata being able to separate itself from its pension scheme.
Fri, Sep 09, 2016
A steel industry plan to change its pension scheme and allow the sale of Tata's British operations is likely to be scrapped in favour of a fix that avoids a political row, government and industry sources told Reuters.
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