Western Mail

Has developed this year

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Sanjeev Gupta is still the only person to have publicly expressed an interest in buying the plants.

On the same day, Tata agrees to sell its Long Products business, which includes Scunthorpe steel works, to Greybull Capital.

Also on this day, Business Secretary Sajid Javid tells MPs the UK Government is prepared to consider “co-investing” with a buyer to save the Port Talbot steelworks.

APRIL 13

As reports suggest that Tata has extended its deadline for the sale of its UK business to May 28, a Twitter campaign is launched encouragin­g people to show their support for UK steel makers by taking a selfie with something made of steel and using the hashtag #steelself

APRIL 15

A report by a Cambridge University professor suggests saving Tata’s UK steel plants will require up to £2bn in Government support.

APRIL 18

Tata appoints a new UK head. Bimlendra Jha takes over as chief executive after leading the monthslong divestment process that ended with the sale of Tata’s Long Products business to Greybull Capital.

APRIL 19

News emerges of an employeema­nagement buyout led by Stuart Wilkie, managing director of Tata Strip Products UK.

APRIL 20

Tata says it is exploring interest in its UK steel business from 190 potential financial and industrial investors worldwide but says it will not comment on the identity of any bidders.

APRIL 21

Sir Terry Matthews announces he has given his backing in principle to the Port Talbot steel works employee-management buyout plan. The leader of the bid, which also involves Stuart Wilkie, is revealed as Roger Maggs, chair of the Port Talbot Waterfront Enterprise Zone.

Business Secretary Sajid Javid says the UK Government would make hundreds of millions of pounds’ worth of support available to buyers of Tata’s steel plants and could take a 25% equity stake in the business.

APRIL 24

The team behind the employeema­nagement buyout plan announce they have set up a company called Excalibur Steel UK.

APRIL 25

Tata gives Stuart Wilkie temporary leave of absence to allow him to work on the employeema­nagement buyout.

APRIL 26

Prime Minister David Cameron makes a surprise visit to Port Talbot steelworks to talk to managers and workers there.

 ??  ?? for sale along with Tata’s other UK assets
for sale along with Tata’s other UK assets
 ??  ?? > John Warman, a Neath Port Talbot councillor who spent 30 years working in the steelworks in Port Talbot, pictured outside the plant on April 11
> John Warman, a Neath Port Talbot councillor who spent 30 years working in the steelworks in Port Talbot, pictured outside the plant on April 11

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