"Big day for UK steel", delighted PM Rishi Sunak from £1.25 billion investment deal with Tata

According to the British Government's Department of Business and Trade, this proposal has the potential to protect the jobs of more than 5,000 people.After agreeing to invest 1.25 billion pounds in Tata Steel's Wales plant, British Prime Minister Rishi Sunak has called it a big day for UK Steel. On Friday, the UK signed an investment of 1.25 billion pounds with Tata Steel. PM Rishi Sunak has described this investment package as a big day for UK Steel. The British PM has tweeted about this on social media Side X (formerly Twitter). In his tweet, he said that we have agreed on a joint investment of Rs 1 billion with Tata Steel. By doing this, we have protected thousands of British jobs and also secured the future of the steel industry in Wales. Let us tell you that the British government on Friday announced a joint plan for investment of 1.25 billion pounds in Tata Steel's steel plant in Wales and said that the government would give a grant of 500 million pounds for this. This investment scheme announced to provide relief to thousands of employees working in Britain's largest steel factory and to strengthen the economy is being considered the most significant government grant in history.