Rolling coverage of the latest economic and financial news, including the latest news on the future of the Port Talbot steelworks
Stephen Kinnock, Labour MP for Aberavon, home of the Port Talbot steelworks, has urged Tata Steel to “look again” at an alternative union-proposed plan, rather than close its blast furnaces in south Wales with the loss of up to 3,000 jobs.
Ahead of the expected grim news that Port Talbot’s two blast furnaces are to close, Kinnock said there was “still time” for Tata Steel to “pull back from the brink”.
“Do we really want to be a country, given the dangerous and turbulent world in which we live, that isn’t able to produce its own steel?
“We are very proud of what the Port Talbot steelworks means for Wales and for the entire United Kingdom and we feel passionately here.
