Looks like TATA Will have been given Massive Taxpayers cash because only the other day they were going to shut down Steel Production in UK unless the Gov came up with the cash. We wait to see How Much.
No different to any other country then.
The French Government has pumped millions into both Renault and Peugeot, Germany has given tax breaks for German manufacturers to stay in Germany, Seat had millions in Spanish goverment subsidies and a rule regarding main suppliers to be in the facility of the Plant, The USA has by tax breaks brought manufacturing back from Mexico, GM known as Government Mitors saved from bankruptcy by the US Government, China is controlled by the Government, with all manufacturers who build there entering into partnerships where the Chines government owns 50% of these partnerships.
All countries give support, as the millions who woukd be put out of work would cost a lot more .
Lets not forget the governments bailing out banks as well