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EY Awarded £1 Million Contract to Scrutinise Tata Steel's Funding Request for Electric Arc Furnace.

Oct 01, 2026

Contract Type

contract

LondonInformation TechnologyProfessional ServicesFinancial ServicesSoftwareConsulting

Description

The UK Department for Business has awarded EY a seven-figure contract to evaluate Tata Steel's request for additional taxpayer funding. Tata Steel is seeking hundreds of millions of pounds for the transformation of the Port Talbot Electric Arc Furnace project amid delays and rising costs.

Company Information

Company

EY

Location

London, England, United Kingdom

About

EY is building a better working world by creating new value for clients, people, society and the planet. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence. They focus on enhancing regulatory compliance and operational efficiency for various industries. EY is well-known for its advisory services in the global market.

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