South Wales ‘heading for Thatcher-era shock’ as Port Talbot closures loom

South Wales ‘heading for Thatcher-era shock’ as Port Talbot closures loom

Labour says fallout from Tata decision to close blast furnaces at steelworks will be felt for decades

• ‘Am I going to be homeless in June?’: workers fear return to 1980s

South Wales is heading for an economic shock on the same scale as Thatcher-era deindustrialisation as Tata prepares to close the blast furnaces at its Port Talbot steelworks, a shadow cabinet minister has warned.

Jo Stevens, the shadow Wales secretary, said the fallout from the company’s decision to close the blast furnaces will be felt for decades as it was in the 1980s, as she pushed ministers to do more to help workers facing redundancy.

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