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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

Steelworkers’ union has serious concerns about integrity of Tata's sales process

Community union members from every Tata Steel UK site met in London today to consider issues relating to the ongoing sales process.

The union agreed there were serious concerns about the integrity of Tata Steel’s sales process.

The sale of the steel business includes the giant Port Talbot steelworks Credit: PA

Almost three months have passed since the announcement that Tata intended to sell their UK assets, yet if anything steelworkers and their families are now less certain of their future than ever.

Tata made it clear they no longer wanted to keep their UK businesses.

The UK Government stressed the need for Tata to act as a responsible seller; however it is now unclear whether Tata intend to sell the business at all.

If Tata do indeed intend to retain the business, then they need not only to make this clear to their loyal workforce, but also lay out their long term plan for investment in steelmaking.

Were Tata to remain, they would have a long way to go in regaining the confidence of steelworkers.

Amidst this uncertainly, there also remains the hugely important issue of the pension scheme to be resolved.

– Community trade union

The statement has been sent to Tata Steel management.

Tata responded saying that negotiations continue with interested parties.

Tata Steel is committed to running a thorough and urgent sale process for its UK business.

That remains the case today.

Negotiations about various aspects of the sales process continue with interested parties.

– Tata Steel spokesman

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Steelworkers march over crisis as Tata compiles list of bidders for UK assets

Hundreds of steelworkers are marching today to highlight the crisis in their industry as a shortlist of bidders was being drawn up for the UK assets of Tata.

Welsh steelworkers join steel march in Westminster Credit: ITV News

They are calling on the government to "ensure the responsible sale of Tata Steel's UK assets" and to deliver "a proper industrial strategy that supports the entire steel sector".

The board of the Indian conglomerate are meeting in Mumbai to discuss the prospects for a sale which would save thousands of jobs.

Steel executives join team hoping to take over Tata assets

Two steel industry executives have joined the management buyout team hoping to take over Tata's UK assets.

Excalibur Steel announced it has taken on Neil Davies and Martin Driscoll to its management leadership team. They both join from senior positions with Tata Steel Europe, which has released the two men for the period of the bidding process.

When the sale of Tata Steel UK was announced, it was feared thousands of people would lose their jobs Credit: PA

This represents another significant step forward for Excalibur. For both my colleagues to have committed themselves to our proposal is an endorsement of Excalibur's ability to design and execute plans to transform Tata's UK operations into a profitable business."

– Stuart Wilkie, chief executive of Excalibur

Arrest after sexual assault in Port Talbot

Police have made an arrest following a sexual assault in Port Talbot last weekend.

A 19-year-old man has been taken into custody. The incident took place at Aberafan Road on Baglan Industrial Estate on Saturday 24th April.

The man is currently on conditional bail.

We understand that this incident has caused a lot of concern in the community and as a result of our thorough investigation so far, we have made an arrest.

I would like to thank the public for their support of the investigation and for the information provided to us.

– Phil Sparrow, Detective Inspector

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Man demands money from pensioner out walking

A 65-year-old man out walking in Port Talbot was approached by a man of "dirty appearance" who demanded cash, say police.

Tanygroes Place, Port Talbot. Credit: Google Street View

Officers say the incident happened in the Taibach area at around 3pm on Tuesday 26th April.

The 65-year-old was walking on a path near the Wildbrook estate when he was approached by the suspect who demanded cash.

The suspect is described as being male, white, aged mid 20s, 6ft 1in-2in in height, of slim build and dirty appearance.

He was wearing a woollen beany-style hat, faded jeans which were covered in mud, a padded jacket and a black T-shirt.

His appearance is described as "scruffy".

The suspect made off in the general direction of Tanygroes Place.

Anyone with information is asked to call police on 101.

Probe into suspicious football betting

The Football Association of Wales is investigating suspicious betting patterns on a Welsh Premier League match which took place last Saturday.

Credit: PA

Already-relegated Rhyl beat Port Talbot 5-0 at home, having not won in their previous 17 league matches.

We are aware of the issue and are working on this with the relevant authorities.

– Football Association of Wales
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