BETTER ‘IN’: So says Tata Steel to its Port Talbot workers
TATA STEEL’S Welsh unit has issued an internal memo to its staff laying out benefits of Britain’s membership of the European Union (EU) ahead of Thurdsday’s (23) referendum.
The memo has asked staff at the Port Talbot plant which is undergoing a sales process to give “careful thought” to their vote choice.
“The EU is by far our largest export market, with over a third of our UK steel heading there access to that market is fundamental to our business,” Tim Morris, head of public affairs for Tata Steel in Europe, said in the internal document dated June 10 and published by the Daily Telegraph last Wednesday (15).
While stopping short of directing its staff how to vote, the memo said: “The relationship between the UK and the EU is very relevant for the company.”
“It is likely we would still need to adhere to EU rules to enter that market. The difference: we would no long- er have a say in how they are set up or applied,” it added.
Stephen Kinnock MP, whose Aberavon constituency includes the steel- works, welcomed the memo.
“Tata’s statement makes it clear that a vote to ‘Leave’ the European Union would be a hammer blow for the British Steel industry,” he said.
Meanwhile, the Tata board is said to be finalising a shortlist of buyers.