UK Unions Plan Strike At Tata Steel

(RTTNews) - Tata Steel UK Ltd, an indirect subsidiary of Tata Steel Ltd (TTST.L), on Wednesday said it been notified by the four unions (Community Union, Unite, GMB and Ucatt) of their plans to take industrial action in dispute over the company's proposals to revise the British Steel Pensions Scheme's contribution and benefits framework. As per the notice received, the Unions in the UK propose a UK wide ban on overtime working and a "work to rule" commencing June 16 and additionally, strike action at most of the UK operating units on June 22. The company noted that Tata Steel Europe has strategies to manage disruption of business and minimize customer and financial impacts.