Steel firm Corus could get £90m 'pollution payoff' after closing plant and axing 1,700 jobs

The Department of Energy and Climate Change yesterday confirmed that Corus's foreign owner, Indian steel giant Tata, was 'likely' to get its £90million allocation of carbon credits, including an allocation for the 150-year-old steel works in Redcar, Teeside, the mothballing of which was announced last week.

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