Commenting on the news of investment from UK Government in Port Talbot’s steel industry, Welsh Conservative Shadow Economy Minister, Paul Davies MS said:
“Our thoughts are with the employees, their families and the wider community following the announcement today, The UK Government announcement will secure jobs in the long term to ensure steel production remains in Port Talbot by investing £500 million in order to modernise and protect steel production in the area.
“Without UK Government investment, there would be a bigger risk to jobs and steel production in an area dependent on the industry.
“With negotiations still ongoing, the Prime Minister is securing the future of steel production in Port Talbot, which will be more focussed on reducing carbon emissions and protecting the environment. Along with the recent announcement of the Celtic freeports in Wales, creating more jobs and boosting the Welsh economy, Rishi Sunak will continue to deliver for the people of Wales.”
Welsh Conservative regional Senedd Members for South Wales West, Tom Giffard MS and Dr Altaf Hussain MS added:
“It is regrettable that there are potential job losses at Tata Steel. However, I am confident the UK Government is doing all it can to ensure the future of the industry and protect steel production in Port Talbot.
“The Prime Minister has a track record of tackling long term issues, securing a £4 billion investment with over 4,000 jobs for a Tata Steel gigafactory only 2 months ago.
“Rishi Sunak will continue to work with the steel industry to bring about a long-term green steel future for Wales.”