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World Business Report

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Tata Steel Announces Scunthorpe Plant Deal

April 11th, 2016

Episode 693 of 899 episodes

The Indian steel giant has sold some of its UK assets to Greybull Capital. We have reaction from Matt Ball of the Community steelworkers' union, and the BBC's Sarah Corker brings us up to date from the Scunthorpe plant. Also in the programme, the jobs of thousands of workers at one of South Africa's biggest mining businesses, Oakbay Resources may be at risk after banks and auditors withdrew their support for the company. We talk to the new chief executive of Oakbay, Nazeem Howa, about a political storm concerning the controversial Gupta brothers which has engulfed the firm. Greece's Port of Piraeus has finally been sold off as part of the country's latest bailout deal. The Athens-based journalist Timis Chilopoulis tells us why the sale has been met with protests in the country. Plus the BBC's Catherine Byaruhanga finds out why a business selling guinea pig meat won a young entrepreneurs award in Uganda. And our regular commentator Lucy Kellaway of the Financial Times hunts for evidence that a major advertising agency is really changing the world for the better.

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