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UK steelworkers protest as Tata continues to consider bids

Tata says it will consider the bids for its UK business but the process is still ongoing.

After a meeting of the firm's board in Mumbai, a spokesperson said the firm was continuing to evaluate offers as it looked to continue and sustain its UK business.

It comes after hundreds of steelworkers - joined by Labour leader Jeremy Corbyn - marched through Westminster to keep the pressure on Tata and the government to save the industry.

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Steelworkers march through London in protest

Hundreds of steelworkers from across the UK have marched through Westminster to put pressure on Tata and the Government to save the crisis-hit industry.

They were joined by the Labour leader Jeremy Corbyn, chanting "Save Our Steel" as they walked past Parliament.

The march came as the management buyout team bidding to purchase the UK assets of Tata Steel made it clear it is working alone rather than in conjunction with another group.

There have been reports that Excalibur has met officials from Liberty House about a possible link-up. The two are believed to be leading bidders for Tata's UK plants.

The Indian conglomerate's board is meeting in Mumbai to draw up a shortlist.

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