TATA Steel and UK unions agree deal to protect jobs at Steelworks across the UK for the next five years

A new deal in principle has been reached for Port Talbot, securing jobs and investment in the steel plant. The deal promises £1 billion investment over the next decade, protecting jobs and blast furnaces, but may involve compromises on the pension scheme. The plant, a significant part of the community, has been a source of relief for workers like Gary Keough. The agreement aims to end months of uncertainty, with a transformation plan ensuring the plant's future. The final decision will be made by ballot in the new year.

What recent development has occurred in Port Talbot regarding jobs and investment?

How many people did the Port Talbot steelworks employ at its peak?

What is the significance of the £1 billion investment mentioned in the text?

What concerns do workers have regarding the pension scheme?

What does the agreement in principle entail for the future of the plant?