Friday, October 9, 2009

Tory chief says much expected of Tata's Corus

S Kalyana Ramanathan / London October 09, 2009

Conservative party head David Cameron has said Corus and British steel industry should be "at the heart of our economy." In an interview to a regional paper, Scunthorpe Telegraph, Cameron said any form of government subsidy or protection for the industry is not the right answer. "Corus is a great British company, employing many thousands of people in our country," he told the Telegraph. "We want a strong British steel industry, it should be at the heart of our economy and as we look for recovery in the economy and recovery in things like construction, housing, commercial property, the car industry, clearly steel making is a very important part of the whole process."

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