Potential Tata Buyer’s Involvement In Swansea Bay Tidal Lagoon

NOT A LOT OF PEOPLE KNOW THAT

By Paul Homewood

Thanks to Climanrecon and Stewgreen

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A potential buyer for Tata Steel in the UK believes he could take over all the business without mass job losses.

Sanjeev Gupta, the head of the Liberty Group said he had “very encouraging” talks with the UK Government so far but there was still a lot of work to do.

Mr Gupta told the BBC he believed jobs at Port Talbot could be saved if at least 700 workers in its blast furnaces were retrained.

He now wants detailed talks with Tata and ministers.

Mr Gupta, who flew back to the UK on Monday evening, said it was a complicated deal, with a lot of components to it, from pensions to other liabilities.

Tata’s rolling mills and downstream businesses were relatively easier to tackle and he believed there was potential for expansion.

But he said the steel-making, heavy end of the…

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