Deal struck over compensation for former Visteon workers

A compensation offer has been made to former workers at the Visteon car parts business in Swansea, whose pensions were affected when the company went into administration.

More: Unite says Visteon talks were 'lengthy but constructive'

The settlement, thought to be worth millions of pounds, was agreed between the Unite union and Ford, who owned the business before selling it ten years ago.

Former workers were in London today to hear the news.

Tom Sheldrick reports.

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Settlement reached in Visteon pensions dispute

A settlement has been reached to offer compensation to former workers at Visteon, five years after the car parts company went into administration, hitting employees' pensions.