Steelworkers’ union has serious concerns about integrity of Tata's sales process

Almost three months have passed since the announcement that Tata intended to sell their UK assets, yet if anything steelworkers and their families are now less certain of their future than ever.

Tata made it clear they no longer wanted to keep their UK businesses.

The UK Government stressed the need for Tata to act as a responsible seller; however it is now unclear whether Tata intend to sell the business at all.

If Tata do indeed intend to retain the business, then they need not only to make this clear to their loyal workforce, but also lay out their long term plan for investment in steelmaking.

Were Tata to remain, they would have a long way to go in regaining the confidence of steelworkers.

Amidst this uncertainly, there also remains the hugely important issue of the pension scheme to be resolved.

Tata Steel is committed to running a thorough and urgent sale process for its UK business.

That remains the case today.

Negotiations about various aspects of the sales process continue with interested parties.