It was recently reported that the government is in advanced talks with Tata Steel, the country's biggest steel producer, to provide £500m of funding to help secure the long-term future of a key part of its steel industry.
However, Martin Vares, CEO of Fractory, a cloud manufacturing platform that connects engineering companies with the manufacturing market in real-time, argues that while this intervention is correct in the current circumstances, it shouldn’t have come to this, and asks whether public funds should be used to secure other industries. MV: The UK steel industry is…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
