Steelworkers at Port Talbot fear job losses after Tata sale halted

  • By ITV News Correspondent Rupert Evelyn

"Our future is now on a knife edge," said one Port Talbot steelworker Friday night, as thousands more ask themselves why the sale of the business by the Indian based firm is effectively over.

The answer is that the government have failed to find a solution to the pension problem and therefore failed to secure their future.

The Business Secretary, Sajid Javid, who met with the Tata board in Mumbai on Friday, was unable to offer any guarantees on the one job workers needed him to deliver on.

Later, he described Tata's decision to "look at alternative and more sustainable portfolio solutions" as "encouraging news for UK steel".

He won't find many people who support his position.

Tata claim they still wish to be "responsible sellers", but a partnership with the Dutch based company Thyssenkrupp AG is viewed with extreme trepidation in South Wales, and the fear of many more job losses is looming large.