Britain Says Tata Deal With Greybull is 'A Step in Right Direction'

Sajid Javid said Greybull Capital\'s decision to buy Tata\'s Scunthorpe plant was a step in the right direction.

Published: 11th April 2016 05:30 PM  |   Last Updated: 11th April 2016 05:30 PM   |  A+A-

LONDON: British Business Secretary Sajid Javid said Greybull Capital's decision to buy Tata's Scunthorpe plant was a step in the right direction.

"Today’s announcement is a step in the right direction for the long-term future of British steel manufacturing in Scunthorpe," Javid said in a statement.

"This agreement sends positive signals to any potential investor for the rest of Tata’s UK business," he added.

Stay up to date on all the latest Business news with The New Indian Express App. Download now


Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on are those of the comment writers alone. They do not represent the views or opinions of or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp