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British Steel News
Tata Steel UK's pensions trustee warns deficit to surge
Fri, Jan 27, 2017
Tata Steel's UK steel unit pension scheme deficit is set to ballon to 1-2 billion pounds ($1.25-$2.5 billion) and Britain`s largest steelmaker believes it could face insolvency unless a way can be found to tackle it.
Tata Steel in talks to cut its UK pension scheme benefits - Trustees
Sat, Jan 14, 2017
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.
British Steel back in profit after spin-off from Tata Steel
Thu, Sep 29, 2016
British Steel has returned to profit by boosting efficiency after being hived off as a loss-making division from India's Tata Steel in April, Executive Chairman Roland Junck said on Thursday.