; Announcement Comes On Back of News of Job Losses

Summary


THE Tata Steel group will today announce its yearly trading figures for 2010-11 in the wake of the decision to axe 1,200 jobs at the Scunthorpe works.

The announcement will show whether the firm has recovered from a period of losses that late last year saw the firm report a 40.2 per cent drop in quarterly profits.

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Extract


; Announcement Comes On Back of News of Job Losses

It is believed that today's figures, for the January to March 31 period, could follow the same trend.

But profits of...

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