Tata Steel in talks to cut its UK pension scheme benefits - Trustees
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.
If a deal were struck, the idea would be for the scheme to be run by the trustees without the financial backing of Tata. Photo: REUTERS