Business chief raises hopes of saving steel plant jobs

Updated

The head of a group which could rescue steel plants and save thousands of jobs said he is aiming to avoid any redundancies if a deal is agreed.

Sanjeev Gupta, the head of the Liberty Group, will have talks with the Government today over the prospect of taking over the loss-making assets of Indian giant Tata.

He made it clear it was "early days" in the sale process but raised hopes that jobs could be saved, especially at the huge plant in Port Talbot, South Wales.

He told the BBC Radio 4 Today programme that the business could be turned around.

Asked if redundancies could be avoided, he said: "That would definitely be my objective."

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