This article is from the source 'bbc' and was first published or seen on . It will not be checked again for changes.
You can find the current article at its original source at http://news.bbc.co.uk/go/rss/-/1/hi/england/tees/8402054.stm
The article has changed 4 times. There is an RSS feed of changes available.
| Version 1 | Version 2 |
|---|---|
| Steel job loss area gets £60m aid | Steel job loss area gets £60m aid |
| (about 1 hour later) | |
| The government has announced a £60m aid package to help Teesside recover from the loss of 1,700 jobs at the Corus steelworks plant in Redcar. | The government has announced a £60m aid package to help Teesside recover from the loss of 1,700 jobs at the Corus steelworks plant in Redcar. |
| Business Secretary Lord Mandelson said it would offer "direct and immediate" help to the workers who face losing their jobs at Teesside Cast Products. | Business Secretary Lord Mandelson said it would offer "direct and immediate" help to the workers who face losing their jobs at Teesside Cast Products. |
| He said £30m would also be invested in low carbon and advanced manufacturing industries to create more jobs. | He said £30m would also be invested in low carbon and advanced manufacturing industries to create more jobs. |
| Union bosses said the money would be better "aimed at saving the plant". | |
| The site's closure will end 150 years of steel production in the area. | |
| The plant's future was placed in jeopardy last year when a consortium pulled out of a long-term deal to buy its steel. | The plant's future was placed in jeopardy last year when a consortium pulled out of a long-term deal to buy its steel. |
| The government should do everything possible to keep a steelmaking infrastructure in Teesside Derek SimpsonJoint leader of Unite | |
| The government said the aid package could create up to 3,000 new jobs in the short to medium term and sustain over 10,000 jobs in the long term. | The government said the aid package could create up to 3,000 new jobs in the short to medium term and sustain over 10,000 jobs in the long term. |
| Lord Mandleson, speaking after a meeting with the area's business and political leaders, said the investment was designed to help the area's transition beyond traditional heavy industry. | Lord Mandleson, speaking after a meeting with the area's business and political leaders, said the investment was designed to help the area's transition beyond traditional heavy industry. |
| He said: "Teesside has the skills, the workforce and the infrastructure to compete in future advanced and low carbon manufacturing. | He said: "Teesside has the skills, the workforce and the infrastructure to compete in future advanced and low carbon manufacturing. |
| "We're acting to ensure they have the best support to succeed." | "We're acting to ensure they have the best support to succeed." |
| 'Steel demand' | |
| He said £10m would be spent on providing apprenticeships and support for Corus workers who went on to start new businesses after losing their jobs. | He said £10m would be spent on providing apprenticeships and support for Corus workers who went on to start new businesses after losing their jobs. |
| He said up to £20m would be invested in the nearby Wilton International site, the other major employer in the area. | He said up to £20m would be invested in the nearby Wilton International site, the other major employer in the area. |
| Derek Simpson, joint leader of the Unite union, said the scale of the job losses required much more support for Teesside. | |
| He said: "Financial support would be best aimed at saving the Corus works. | |
| "The government should do everything possible to keep a steelmaking infrastructure in Teesside and preserve the valuable skills of the workforce for when the demand for steel increases, which it will inevitably do." |