19 June 2024
Corporate News

UKSE strengthens investment team in Wales

Tata Steel background

Tata Steel’s business support subsidiary UKSE has strengthened its investment team in Wales in response to recent announcements about the future of the industry.

Michelle Noble has joined, bringing extensive experience working with Welsh businesses in her previous roles with Development Bank of Wales, Pen Y Cymoedd Community Fund and community organisations.

As Regional Executive with UKSE, she will be working with Area Manager Rob Barber and colleague Howard Thompson. 

UKSE has a portfolio of investment products available to eligible Welsh companies, particularly those with potential to create lasting, sustainable jobs. Over the last 50 years, UKSE has supported some 83,000 jobs in the UK with its loans, equity investments and grants, and combinations of these.

“We are proud of our record here in Wales and other steel areas,” said Mr Barber. “Our investments are flexible and adapted to the changing needs of enterprises and the challenges they face.”

Michelle, who is from Cwmbran, graduated from University of South Wales and has worked in finance and community roles with leading organisations in Wales. 

She was previously Investment Executive with Development Bank of Wales in their Micro Loans team, and also worked with Pen y Cymoedd Wind Farm Community Fund in a financial support role. As well as this, she was co-founder of Community Interest Company The Food Shed in Bridgend, and has worked for The Red Cross. 

“I’m very pleased to be joining UKSE and I am looking forward to working with companies and organisations providing loans and equity investments to help Welsh businesses grow and develop,” she said. “UKSE has a strong community and social element underlying its work and this fits well with the experience I bring to the role.”

UKSE Rob Barber Michelle Noble Howard Thompson

About Tata Steel UK

  • The Tata Steel Group has been named one of the most ethical companies in the world, and is among the top producing global steel companies with an annual crude steel capacity of 34 million tonnes. 
  • Tata Steel in the UK has the ambition to produce net-zero steel by 2045 at the latest, and to have reduced 30% of its CO2 emissions by 2030. 
  • Tata Steel is the largest steelmaker in the UK with primary steelmaking at Port Talbot in South Wales supporting manufacturing and distribution operations at sites across Wales, England and Northern Ireland as well as Norway, Sweden, France and Germany. It also benefits from a network of international sales offices around the world.
  • Tata Steel employs more than 8,000 people and has an annual crude steel capacity of 5 million tonnes, supplying high-quality steel products to demanding markets, including construction and infrastructure, automotive, packaging and engineering. 
  • Tata Steel Group is one of the world's most geographically-diversified steel producers, with operations and a commercial presence across the world. 

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