Tata Steel ‘open to more UK investment’ despite Port Talbot job cuts

Exclusive: Steelworks owner to float possibility of new, smaller plant as it prepares to defend redundancies in Wales to MPs

The owner of the Port Talbot steelworks is preparing to mount a defence of its decision to cut thousands of jobs at the south Wales plant, and float the possibility of creating more UK jobs in future, during testimony to MPs this week.

The Indian conglomerate Tata confirmed this month that it planned to close two blast furnaces at Port Talbot - shedding up to 2,800 jobs, with a further 300 potential redundancies at another site, in Llanwern.