Jo Stevens will announce that the Welsh government is providing 80 million to support 2,800 Tata steelworkers and local businesses affected by closure of furnaces.
Keir Starmer, addressing the Labour conference, will assert that change must equate to national renewal and cannot merely consist of policy adjustments without broader systemic changes.
Stevens emphasizes that the future of Wales's economy hinges on creating more jobs and increasing investment across communities, particularly to benefit young people.
The fund designed to assist families in Port Talbot will be complemented by a business growth fund for existing firms to enhance their local economic contributions.
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