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Government support 'remains on table' for steel industry

First Minister Carwyn Jones has spoken to David Cameron over the phone regarding the steel industry in Wales, Downing Street has said.

A spokesperson said the two discussed ongoing efforts to support the steel industry in Wales, and agreed that offers of support from the UK and Welsh Governments remain on the table.

Credit: Barry Batchelor/PA Wire

The spokesperson added: "They agreed on the importance of both governments continuing to work very closely in partnership to support the steel industry in Wales and across the whole of the UK".

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Stephen Kinnock: Tata reports pose more questions than answers

Reports of a possible pause in the sale of Tata Strip Products UK poses more questions than it answers, according to Aberavon MP Stephen Kinnock.

Credit: PA

If reports that Tata Steel intend to pause the sale of most of its UK business, including Port Talbot, prove to be correct, then this would clearly pose more questions than it answers.

Steel workers and their families have been put through hell over the last weeks and months, and they will be forgiven for greeting these reports with a degree of scepticism, and perhaps even an element of anger.

We all understand the massive impact of the referendum result, and we appreciate that Tata Steel, like so many other businesses, need time to review and evaluate the implications of Brexit. However, It is now absolutely critical that Tata Steel and the UK Government come forward with a specific timetable.

– Stephen Kinnock, Labour MP for Aberavon

Wales still a great place to do business says Ken Skates

Credit: ITV Cymru Wales

Economy Secretary Ken Skates has stressed that his priority is now to protect jobs and "maintain economic confidence" in post-referendum Wales.

Speaking ahead of his key note address at the Institute of Welsh Affairs he emphasised that Wales will continue to be an open, responsive and business friendly country.

Wales' economy has developed hugely over recent years and now boasts a strong international reputation as a place to come and invest.

Already this year announcements from Aston Martin, MotoNovo, TVR, Essentra, EE and BT have demonstrated our growing reputation as a magnetic country to locate to and trade from.

This is partly down to our open, responsive and business-friendly approach. We remain committed to this, to developing Welsh business and to working with new partners to draw in investment.

Post referendum my priority is protecting jobs and doing everything in my power to maintain economic confidence and stability.

– Ken Skates, Economy Secretary

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Chris Bryant shares resignation letter to Jeremy Corbyn

Credit: PA

Rhondda MP Chris Bryant has resigned from his role as Shadow Leader of the House of Commons amid protest over Jeremy Corbyn's leadership.

He shared the news on his Twitter profile as well as sharing the resignation letter.

In it, he said he was grateful for the opportunity but criticised Corbyn for his stance during the party's campaign to remain in the EU.

Since taking up the post of Shadow Leader of the House I have worked as constructively as possible with you and your office.

Last week changed everything. A major plank of Labour's longstanding economic and foreign policy was defeated in the referendum and we effectively handed the right in this country their biggest victory in a century.

The Prime Minister must take the lion's share of the blame for that defeat and he has honourably resigned, but your inability to give a clear, unambiguous message to Labour voters significantly contributed to the result. You left many Labour voters uncertain as to our party's position.

With Brexit and a prolonged period of instability and uncertainty on the horizon, our country urgently needs inspiring leadership as it charts its way through very difficult waters. My constituents rightly look to Labour to provide that leadership but at the moment it is sadly lacking.

– Chris Bryant MP

Welsh MPs among those calling for Corbyn resignation

A Welsh MP has added his name to the list of senior labour figures calling on Jeremy Corbyn to step down.

Aberavon MP Stephen Kinnock has said the party would suffer heavy losses at a general election unless the leadership changes in the wake of the referendum vote to leave Europe.

Read more: Labour in turmoil after shadow cabinet exodus

He's also voiced concern over the impact the Brexit result may have on the steel industry.

Kathryn Tresilian reports:

Liberty interest in Tata unaffected after EU vote

Britain's decision to leave the European Union has not affected Liberty's interest in bidding for Tata Steel, ITV Wales understands.

Liberty say their position on Tata Steel remains unchanged. Credit: PA

It's believed the Newport based steel group have always been confident in their "robust model", regardless of whether the UK voted in or out.

They also say there is now a "stronger case" for a strong, independent, UK owned steel business, following Thursday's vote.

However, Labour MP for Aberavon, Stephen Kinnock, has said the result left "serious concerns" over the future of the steel industry and could affect potential bidders coming forward.

Aberavon MP Stephen Kinnock has expressed concerns for the steel industry following the vote. Credit: PA

I'm deeply concerned about this result about the future of the steel industry. Uncertainty is the enemy of business and we're looking at an industry which is already battling for survival hanging by a thread in many ways. I'm terribly worried that this vote could be the one that cuts that thread we must now hear from the bidders whether they're staying in and there's rumours that they're not going to be.

– Stephen Kinnock MP, Labour, Aberavon
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