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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.

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Welsh secretary will visit Tata's plant in Shotton

Credit: PA Images

Welsh secretary Alun Cairns will be making a visit to Tata's plant in Shotton, which currently employs 650 people.

His visit comes exactly a week after the company was officially put up for sale by its Indian owners, who have five sites in Wales.

The Business Secretary Sajid Javid will also be holding talks in Brussels today with ministers from China, India and 27 other nations.

The UK Government say they are ready to co-invest with any potential new owner of Tata Steelworks to save thousands of Welsh jobs.

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