Adam Price AM has described Ford's decision to draw up plans to cut 1,160 jobs at its engine plant in Bridgend as "a body blow to the heart of the Welsh economy."
The Assembly Member told ITV News that Plaid Cymru will be calling for a "crisis summit" and will table an urgent question in the Assembly.
A year on from threat of huge job cuts a Tata in Port Talbot it's now turn of neigbour Bridgend to face massive uncertainty at Ford
The retail mogul will pay from his personal fortune.Read the full story ›
Plans for a scheme aimed at boosting Swansea and the surrounding areas will come under scrutiny by the Welsh Secretary and a former leading cabinet minister.
Alun Cairns and Lord Heseltine along with business and local authority leaders will go over the business case for what's known as the Swansea Bay City Region Deal.
Michael Heseltine, who was a cabinet minster in the governments of Margaret Thatcher and John Major, was born in Swansea.
With discussions at an advanced stage, today’s challenge session is about putting the business case for the City Deal under the microscope so we are absolutely clear about expectations.
It is hugely helpful to have an expert in regeneration projects like Lord Heseltine to help with the task. He has years of experience in overseeing projects that really breathe new life into communities, and he is well practiced in seeing the vision turn into reality on the ground.
Popular, passionate and committed but Stuart Wilkie is not wanted in the leadership role that arguably saved Port Talbot steelworks.Read the full story ›
It will represent another boost to the region, after the announcement Deca Sealand was chosen for a repair hub for defence aircraft.Read the full story ›
Unions say now Tata Steel workers have voted in favour of accepting pension reforms, it is time for the UK Government to do its bit.Read the full story ›
Tata steelworkers have voted to accept reforms to their pensions, unions announced.
The consultative ballots on Tata Steel's proposal on pensions, jobs, investment and production closed at noon today.
All union members were asked if they accepted the proposal, and the results for each union are as follows:
- Turnout: 70.5%
- Yes: 72.1%
- No: 27.9%
- Turnout: 69.2%
- Yes: 75.6%
- No: 24.3%
- Turnout: 51.5%
- Yes: 74.0%
- No: 26.0%
"We now expect Tata to make good on their promises and deliver the investment plan for the whole of their steel business" Community Union
Leaders of the three unions recommended acceptance of the changes as the best that could be achieved through negotiation.
The changes include the introduction of a defined contribution (DC) pension scheme, with maximum employer contributions of 10%, following the closure of the British Steel Pension Scheme (BSPS) to future accrual.