Port Talbot management in 'steelworks takeover bid'
A potential buyout of the Port Talbot steelworks is to be led by one of its most senior staff.
Stuart Wilkie, Managing Director of Tata Strip Products UK, is heading up a buying team alongside other staff members, ITV News understands.
Meanwhile Tata Steel has announced another round of job cuts in Britain as it significantly reduces production.
The company is to cut 1,050 jobs in the UK, including 750 at its plant in Port Talbot in Wales. A further 300 jobs will go in Llanwern, Trostre, Corby and Hartlepool.
