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Tata Steel: Deal secured to keep Port Talbot open, union says Tata Steel makes commitment over Port Talbot, union says
(35 minutes later)
A deal to secure jobs and production at Port Talbot and other steelworks across the UK has been made with Tata Steel, Community Union has confirmed. Tata Steel has made a commitment to secure jobs and production at Port Talbot and other steelworks across the UK, unions have said.
It follows talks involving representatives from Community, Unite and the GMB at the Port Talbot steelworks on Wednesday. It could bring an end to eight months of uncertainty for thousands of workers who faced losing their jobs when Tata's UK business was put up for sale.
Tata's UK business was originally put up for sale in March. Community Union made the announcement following talks with Tata and other unions Unite and GMB on Wednesday.
But workers still have to agree to it and will be balloted in the new year.
A number of "significant" measures include:
Speaking after meeting with union representatives, Roy Rickhuss of Community said: "The past year has been incredibly difficult for steelworkers and their families.
"When Tata announced in March that they planned to sell the steelworks, no one knew if they would have a job by Christmas.
"This proposal would secure jobs for years to come and bring serious investment not just to Port Talbot but to steelworks across the UK.
"Reaching this stage of the process is a credit to the hard work of our members who never gave up the fight to 'Save Our Steel' - it was their jobs on the line and it has been their campaign that has brought Tata to this position."
But he said the pension proposal was "a serious concern", adding union representatives have agreed to ballot all members on the proposal in the new year.
Unite's national officer Tony Brady said the move was "a step in the right direction for our industry" but warned there was "still a lot more that government can and must do".
"The commitments made today by our reps must now be followed by a commitment from the government that they will hold Tata to their word and ensure jobs are protected," he said.
Dave Hulse, GMB's national officer, added that the unions would "continue to fight for a level playing field for our industry; for action on energy costs, on business rates, and on the dumping of foreign steel".
The future of Tata plants has been in doubt after it announced its original intention to sell its UK assets in March.
But this was put on hold as the company considered a European tie-up with German steelmaker ThyssenKrupp.
Almost 7,000 people are employed by Tata Steel across Wales, including more than 4,000 in Port Talbot.
Other plants which will benefit from the deal being reached include Llanwern, Trostre, Shotton, Corby, Hartlepool and sites in the West Midlands.