Advertisement

Port Talbot management 'in steelworks takeover bid'

There are reports of a potential management buyout of the steelworks in Port Talbot. It's understood Stuart Wilkie, Managing Director of Tata Strip Products UK, is heading up a buying team alongside other staff members.

View all 165 updates ›

First Minister backs 'co-investment solution'

Wales' First Minister Carwyn Jones has backed the UK Business Secretary's announcement that the government are ready to co-invest with any potential new owner of Tata Steelworks.

Credit: PA

I’m encouraged by the confirmation that a co-investment solution is being actively worked on by the Business Secretary. That is in line with the discussions I’ve had with the Prime Minister and the Chancellor. However, there were plenty of legitimate questions today for the UK Government, not least on tariffs and energy policy.

I visited the Trostre and Llanwern works today to meet with local management and the trades unions. The visits simply underlined the fact that these are modern, productive plants with a committed and skilled workforce. We’ll continue to do all we can to protect this vital industry.

– Carwyn Jones, First Minister for Wales
  1. Read more
  2. 165 updates
Port Talbot management 'in steelworks takeover bid'

More on this story