Britain steel crisis: the latest

After a financial decision taken half a world away, thousands of British steel jobs are on the line. The Business secretary is on his way to Mumbai to meet Tata bosses - after talks here with unions, industry leaders and Sanjeev Gupta, one of the tycoons tipped as a potential buyer for those UK sites. Our business correspondent Helia Ebrahimi managed to speak to him - so what kind of deal would he cut?

[curtiscarpenter]

A tax incentive, to pay for it, a tariffs on cheaper steel. Sell to nations with lower tariffs.

[tomlinid]

I think they should nationalize the pension scheme but I doubt they would do this. I wouldn't be surprised to see Port Talbot close in the next couple of years after it has been sold to someone else so that the employees end up with no redundancy.