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Carwyn Jones in Mumbai ahead of steel talks

The First Minister of Wales has been seen leaving his hotel in Mumbai ahead of a meeting with Tata Steel bosses.

Carwyn Jones in Mumbai ahead of steel talks. Credit: ITV News

The steel giant is holding talks to draw up a shortlist of final bids at a meeting later today.

UK Business Secretary Sajid Javid MP is also in the country to hold the talks with company officials.

A march of hundreds of steelworkers and union representatives is taking place in Westminster calling for more action to be taken on the dumping of Chinese steel.

Welsh steelworkers join steel march in Westminster. Credit: ITV News

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AMs to quiz Carwyn Jones since First Minister appointment

Carwyn Jones is to answer questions from Assembly Members for the first time since being nominated as First Minister.

The new cabinet was announced last week with Kirsty Williams named as Education Secretary and the only Liberal Democrat.

It comes after a tumultuous few weeks in the National Assembly following comments from UKIP's Neil Hamilton and attempts by Plaid Cymru to block Carwyn Jones' bid for First Minister.

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'All British Tata Steel bid' between Excalibur Steel UK and Liberty House 'completely untrue'

Credit: PA

A deal between Excalibur Steel UK and Liberty House to buy the Tata Steel UK operation is "completely untrue", ITV News Business Editor Joel Hills has been told.

The "all-British bid" between the two companies was thought to have been to allow Excalibur access to what one source describes as "the deep pockets" of Liberty House, while in turn they would benefit from working closely with the team who have been seen as the front-runners from the outset of the sales process.

The rumour had emerged ahead of the planned Tata board meeting in Mumbai this week to whittle down the seven bids for the ailing steel operation.

The sale includes the huge Port Talbot plant and 15,000 jobs across the UK.

Management buyout team 'join Liberty House Tata bid'

ITV News Business Editor Joel Hills has revealed that the team behind the Excalibur Steel bid for Tata's UK operations are set to formally join the competing Liberty House team.

Stuart Wilkie was leading the Excalibur management buy out bid. Liberty House owner Sanjeev Gupta also put a bid in

The move was denied by the chairman of the Excalibur bid.

Joint Tata bid 'interesting and potentially positive'

Reports emerged last night that Liberty House and Excalibur Steel UK could work together to buy Tata's UK operation. Credit: PA

Reports of a joint bid to buy Tata Steel's UK operation are evidence of the 'significant interest' that exists in the British steel industry, according to the Community Union.

ITV News understands talks have been held between Liberty House and Excalibur Steel - the management buyout bid - over the possibility of the two bidders working together.

Read more: Tata Steel bidders could join forces

Roy Rickhuss, General Secretary of the Community Union said talks of a joint bid were a 'potentially positive development.'

These reports are yet further evidence of the significant interest that exists in securing the future of British steel making. Liberty and Excalibur both have senior individuals with significant experience of the industry and any joint venture would be an interesting and potentially positive development in the process.

Tata must honour their commitment to be a responsible seller and allow the time necessary for this bid, and indeed all others, to be made in the proper manner. We will continue to make the case to all potential bidders that the highly skilled workforce is the foundation on which a successful, profitable future for steel can be built.

– Roy Rickhuss, General Secretary, Community Union

Tata steel bid rumours 'encouraging'

The president of the Community Union has said rumours of a co-operation between Liberty House and Excalibur Steel to buy the Tata Steel UK operation are 'encouraging'.

Credit: PA

Speaking on Sunday Alan Coombs said the idea 'made common sense'.

It's encouraging and it makes common sense; there is expertise on both sides.

However the union would have to go through any proposals with a fine tooth comb.

– Alan Coombs, Community Union

The rumours have emerged as the Tata board plan to meet in Mumbai this week, to whittle down the seven bids for the ailing steel operation.

The sale includes the huge Port Talbot plant and 15,000 jobs across the UK.

Neither companies were prepared to comment - all bidders are subject to Tata's strict non-disclosure agreement.

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