Javid to fly to India to meet with Tata chiefs, after back-to-back talks with unions and a potential buyer

 
Billy Bambrough
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Business Secretary Sajid Javid Attends Crisis Talks At TATA Steel Plant
Business secretary Sajid Javid has been locked in talks since flying back from a trip to Australia on Sunday (Source: Getty)

Business secretary Sajid Javid will meet with executives of Port Talbot steelworks owner Tata at their Mumbai headquarters tomorrow.

The meetings will be the latest in a chain of talks for Javid, who earlier met with the potential buyer of Port Talbot, Liberty House chief executive Sanjeev Gupta.

He is expected to urge Tata bosses to begin negotiations over the sale of the plant as soon as possible.

Read more: UK steel is globally insignificant and unviable - Taxpayers shouldn’t be forced to shoulder its losses

Liberty House is so far the only party to have expressed interest in the plant after Tata announced it would put it up for sale last week.

Gupta has said Liberty House would look to convert Port Talbot’s blast furnaces to melt down local scrap metal, saving on the cost of importing expensive raw materials.

Tata has yet to fix a time limit on sale negotiations for the plant, which it says is losing it £1m a day.

Read more: Talks to save Port Talbot steelworks rest on carbon tax deal

Javid also met with general secretary of steelworkers union Community Roy Rickhuss, who reiterated demands that the government prevents potential buyers from cherry picking parts of the Tata UK business.

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