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.
The boss of Liberty House says that 'transformations would be required' at Port Talbot were he to take charge.
Sanjeev Gupta, founder and chairman of Liberty House made the comments in an interview with Channel 4 news.
Business Secretary Sajid Javid described today's crisis talks in Brussels as "constructive".
Minister hints at use of more UK-produced steel in defence projects to aid industry.
Executive Chairman of Liberty House, Sanjeev Gupta, has said he is not "married" to buying Tata's steel business and could still walk away.