麻豆社

Trade union officials have been in talks with Tata steel as they try to reach an agreement about securing the future of its plants at Port Talbot and elsewhere.

Tata Steel announced it was selling its British operations in March, but has since put the sale on hold to explore other options.

David Blackaby, Professor of Economics at Swansea University, explained to Martha Kearney that the rising price of steel, a better exchange rate, and investing millions of pounds in the plants, have made the prospect of a sale less likely.

(Photo:Steel Works sign with Tata Steel works in background Credit: Getty Images)