Skip to content
Search

Latest Stories

Tata Steel transforms Corby site as part of multi-million-pound scheme

Tata Steel transforms Corby site as part of multi-million-pound scheme

IN order to give its business the best chance for the future, Tata Steel is transforming its Corby steel tube making site in UK's East Midlands region.

Work has started at the 150-acre site, as manufacturing processes on the site will be brought closer together as part of a £25 million scheme.


The two-year investment project will see the creation of a single high-tech warehouse, the relocation and upgrading of the important rectangular hollow section (RHS) processing line and the cold mill (CFM).

Chairman of Tata Steel UK Ltd, Sandip Biswas, said: “Steel is, and will continue to be, an essential part of the UK’s plans to decarbonise for the future.

“We need to ensure we are able to make and supply the products right here in the UK which will help transition to a net-zero future.”

Tata Steel Corby Works Manager, Gary Blackman, said: “The programme is essential to ensuring a sustainable future for our site and generations of steel workers to come. It will enable us to reconfigure our operations and achieve the highest levels of operational efficiency.”

At the same time Tata Steel will work closely with construction partners and the local authority to ensure minimal impact on the surrounding community during the project.

More For You

Jonathan-Reynolds-Getty

Jonathan Reynolds highlighted that the UK-India trading relationship was valued at GBP 41 billion for the year ending September 2024. (Photo: Getty Images)

Trade secretary to visit India in February for FTA talks

BUSINESS and trade secretary, Jonathan Reynolds, on Monday (27) revealed plans to visit India next month with a focus on finalising the Free Trade Agreement (FTA) negotiations as the UK government aims to enhance bilateral ties.

The visit comes after prime minister Sir Keir Starmer last year announced an early 2025 relaunch of UK-India FTA talks, following his meeting with prime minister Narendra Modi on the sidelines of the G20 Summit in Brazil in November.

Keep ReadingShow less
ola-reuters

Ola stated it has clarified the matter with the CCPA and is working to address any misunderstandings. (Photo: Reuters)

After Uber, Ola also refutes claims of charging Apple users more than Android users

INDIAN ride-hailing company Ola has denied claims that it charges users differently based on their phone models. The statement comes a day after its competitor Uber also dismissed similar allegations.

The Central Consumer Protection Authority (CCPA), acting on directives from consumer affairs minister Pralhad Joshi, had issued notices to Ola and Uber following media reports and complaints.

Keep ReadingShow less
Rachel Reeves

Reeves also gave her clearest signal yet of support for expanding London’s Heathrow airport. (Photo: Getty Images)

Reeves signals focus on lower taxes, less regulation

CHANCELLOR Rachel Reeves stated that the country’s finances were now stable following her October budget, adding that her future focus would be on reducing taxes and cutting regulation.

“Now we have wiped the slate clean,” Reeves said, referring to the October budget.

Keep ReadingShow less
Rachel Reeves

Chancellor Rachel Reeves, who has pledged fiscal discipline, faces increasing pressure to address the growing deficit. (Photo: Getty Images)

Government borrowing in December hits four-year high

Government borrowing in December 2024 reached £17.8 billion, the highest level for the month in four years, according to the Office for National Statistics (ONS).

This figure is £10.1bn more than in December 2023 and significantly exceeds the £14.6bn forecast by the Office for Budget Responsibility (OBR).

Keep ReadingShow less
uk-rich-getty

Two men speak together as they cross over a footbridge in London's central business district of Canary Wharf. (Photo: Getty Images)

One millionaire leaves UK every 45 minutes, study finds

A RECORD number of millionaires have left the country since Labour took office, with concerns mounting over the party’s tax policies.

A study by New World Wealth and Henley & Partners revealed that Britain lost a net 10,800 millionaires in 2024, marking a 157 per cent rise from the previous year.

Keep ReadingShow less