Tata Steel workers agree to accept new pensions offer

Tata Steel workers have agreed to accept the pensions offer from the company. Around 75% of union members agreed to the deal, which includes a £1bn investment over 10 years, a two-blast furnace operation at Port Talbot and plans for no compulsory redundancies for the next five years.

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Tata pension ballot: result due today

Credit: Ben Wright/PA Wire

Tata Steel workers are today expected to give their verdict on a new pension offer.

A ballot began two weeks ago. A deal could mean reduced pension benefits for staff in exchange for job security.

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