17
May
20:39
Tata Steel UK moves to revise pension scheme
In its results briefing on 16 May (see Kallanish 17 May) Tata Steel Europe signalled that Tata Steel UK was in further negotiations over the future of the former British Steel pension scheme (BSPS). The company has now agreed what it calls the “… key commercial terms,” of a so-called regulated apportion arrangement (RAA) with BSPS Trustees.
In a letter to its employees seen by Kallanish, the company confirms that the parties are in positive di…
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Anonymous
Very good overview of the weekly steel market.
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