Union bosses representing thousands of workers at steel giant Tata will meet today to discuss a potential deal which could secure their future after months of uncertainty.
They will discuss proposals regarding investment in the company's sites, job guarantees and pensions with representatives from Tata plants across the country
There has been uncertainty surrounding the future of Tata plants since its UK business was put up for sale in March.
Any potential deal is likely to be put to a ballot of union members, with a result not expected until the new year.
Tata employs thousands of workers, including at sites in Corby and the West Midlands.
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The business secretary has said that he would not have travelled to Australia and missed crisis talks over the sale of British steel plants, "if he had known how it would be reported."
Appearing before the Business Select Committee today, Sajid Javid said he did not believe a decision to immediately close the plants would be taken when he went on the March 29 trade mission.
"Obviously it was very far from home," he said. "I turned around and came back as quickly as I could."
He faced calls to quit after taking his teenage daughter on the trip to Sydney, instead of attending a meeting in Mumbai about the South Wales plant.
The Business Secretary is to be questioned by MPs today over the crisis in the steel industry and the current efforts to save thousands of jobs.
Sajid Javid will appear before the Business Select Committee as the search continues to find a buyer for Tata Steel's UK assets.
Tata Chief Executive Bimlendra Jha, Gareth Stace of trade group UK Steel and Roy Rickhuss, General Secretary of the Community union, will also appear before the Committee.
Other witnesses will include Marc Meyohas of Greybull Capital, which is buying Tata's plant at Scunthorpe.
Prime Minister David Cameron visited the Tata Steel works in Port Talbot on Tuesday to assure workers, unions and bosses of the Government's commitment to support the future of steel-making at the under-threat plant. Mr Rickhuss said the Prime Minister had "looked proud steelworkers in the eye and promised to do all he could to protect their jobs", and said his union would "hold him at his word".
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A petition, urging the Prime Minister to recall parliament to discuss the UK steel crisis has attracted more than 100,000 signatures.
The call to action was set up by Labour leader Jeremy Corbyn as the industry crisis escalated in the wake of Tata Steel's decision to sell off its UK assets.
The petition, which has only been live for one day, has now exceeded the number of signatures needed to be considered for a debate in parliament.
Prime Minister David Cameron has said the government is "doing everything it can" to try to secure the future of steel making in Port Talbot and elsewhere in the UK but has warned "there can be no guarantees of success".
Speaking following an emergency steel crisis meeting to discuss the future of the industry after Tata Steel said it was selling off its UK assets he said the focus was now on finding a buyer.
After the meeting Cameron also tweeted that workers and their families would remain a "priority" while trying to find a solution to the current steel industry crisis.
Workers and their families face a worrying time, and our priority is to help those likely to be affected.
During this process, we are committed to working with the Welsh gov't and Tata on a long term sustainable future for British steel making.
Bromsgrove MP and Business Secretary Sajid Javid is expected back in the UK today to discuss the future of Tata steel.Read the full story ›
The prime minister will chair a meeting in Downing Street to discuss the crisis gripping the steel industry amid growing fears of huge job losses.
The government is facing criticism over its response to a shock move by Tata to sell its UK assets.
Around 40,000 jobs could be lost if no buyer is found for Tata Steel's UK business, according to analysis by the IPPR think tank.
Labour leader Jeremy Corbyn said he was "shocked " that business secretary Sajid Javid did not believe nationalising the industry could be the solution.
The Government turned down calls from the Labour Party to recall Parliament.