Carryfast:
The inevitable result of a government that’s dedicated to the idea of global free markets to the point where we’re now predictably being subjected to economic warfare by our competitors.
Free market trade would have let the bankers go to the wall…Free market trade… would not have endorsed (Through EU) Farmers to let fields go fallow while receiving very large subsidies…all very different when its miners, steel workers etc that is when it seems “Free market trade” is generously applied!..Kicks backs not withstanding…this Tory gov. is for & controlled by Hedge Funds who are all out exploitation, hence why I do not SWALLOW THE GUFF ABOUT THEM WANTING TO STOP freedom of movement in EU. Vote OUT!
mas430:
this Tory gov. is for & controlled by Hedge Funds who are all out exploitation, hence why I do not SWALLOW THE GUFF ABOUT THEM WANTING TO STOP freedom of movement in EU. Vote OUT!
1
As I’ve said we need to get back to where we were economically in 1972.We won’t do that unless we ditch the EU and free market economics with a Labour Party that realises that Nationalism is the solution to the problem not Socialism which is one of the causes in playing into the hands of the bankers’ idea of exploitative ‘post Fordist’ ‘Capitalism’.On that note Labour needs a leader like Hoey not zb Corbyn.
No more jobs for the boys. They priced themselves out the market years ago too. Also, how many drivers on here have had to put up with interminable queues and being treated appallingly by the various mills? Either at Shotton, Scunthorpe or in the Valleys. Lots of short memories here.
eagerbeaver:
Please don’t damage mine. Love my Jag.
As for the Tata situation, it’s just another example of Britain bending over. The Chinese have been dumping cheap steel here for God knows how long, and our illustrious leader combo George & Dave haven’t done a thing about it.
Because we can’t whilst we’re in the EU. EU rules on state aid prevent the government giving Tata money or beneficial tax rates etc. EU rules prevent the UK from placing its own higher import tariffs on Chinese steel, something which America did with great success to save its steel industry, as import tariffs are done at an EU level by Brussels.
eagerbeaver:
As for the Tata situation, it’s just another example of Britain bending over. The Chinese have been dumping cheap steel here for God knows how long, and our illustrious leader combo George & Dave haven’t done a thing about it.
Because we can’t whilst we’re in the EU. EU rules on state aid prevent the government giving Tata money or beneficial tax rates etc. EU rules prevent the UK from placing its own higher import tariffs on Chinese steel, something which America did with great success to save its steel industry, as import tariffs are done at an EU level by Brussels.
Just another reason to vote to leave.
To be fair it’s more a case of the perfect storm of even our own government ministers being full on believers in the idea of free markets to the point where we’ll end up like Greece and Southern Ireland with no industrial base for the economy.Together with a Labour Party which is blinded by its Socialist principles which means not upsetting the Chinese Communist Party or Merkel and Junker and wealth redistribution to the point of supporting foreign aid to places like India.
According to to the news last night, its not just port talbot…its the whole of tata steel plants throughout the uk, this will affect 15,000 employed by them, plus the subsidiaries. All of this brought about by cheap steel from abroad, ( china ) under Eu legislation to give them special tariffs, and also the fact tata are losing £1 million pounds per day…very sad state of affairs for british industry. In all honestly, i cannot see that the british government can do a lot about it…they may prop up the plant, they may take it back into government control, but it wont be for too long, otherwise they will be losing £1 million per day…not good sense…unless they can persuade the chinese to raise their prices ( lol ) or stop the EU from allowing them cheap tariffs ( another joke ) so it looks like its all going either down the drain, or another EU country will take all the work ( Germany for eg )…whatever happens, a lot of welsh people are gonna end up out of work…and that is sad.
truckyboy:
According to to the news last night, its not just port talbot…its the whole of tata steel plants throughout the uk, this will affect 15,000 employed by them, plus the subsidiaries. All of this brought about by cheap steel from abroad, ( china ) under Eu legislation to give them special tariffs, and also the fact tata are losing £1 million pounds per day…very sad state of affairs for british industry. In all honestly, i cannot see that the british government can do a lot about it…they may prop up the plant, they may take it back into government control, but it wont be for too long, otherwise they will be losing £1 million per day…not good sense…unless they can persuade the chinese to raise their prices ( lol ) or stop the EU from allowing them cheap tariffs ( another joke ) so it looks like its all going either down the drain, or another EU country will take all the work ( Germany for eg )…whatever happens, a lot of welsh people are gonna end up out of work…and that is sad.
Exactly.The Germans win because they don’t need tarrif barriers because Germans don’t buy Chinese.
As for the Brit government there’s plenty it could do like ditching its support of EU membership and free market principles and the idea of so called ‘third world’ wealth re distribution used to put our industries out of the frame and backing the Chinese Communist Party.IE a Nationalist not Socialist Labour Party worth the name.
I personally would like to see, the steel industry renationalised, and see a culture, in which we buy British made steel, instead of cheap imports, which are inferior in terms of quality ! When Stagecoach East Coast (Railway) was took back into state control, it went back into profit, generating £500m profit. If we ensured that all infrastructure projects used British made steel, surely it would help. Port Talbot has one of the newest blast furnaces in Europe, it’s only a couple of years old, so it can’t be that inefficient !
How do you think I felt delivering a load of Chinese steel to a firm in Port Talbot, I’m just a driver doing my job and the lads (in the factory not the office boffins) were well cheesed off with the situation, “bloody steel industry ACROSS THE ROAD and were getting it all the way from China cheaper”
truckyboy:
According to to the news last night, its not just port talbot…its the whole of tata steel plants throughout the uk, this will affect 15,000 employed by them, plus the subsidiaries. All of this brought about by cheap steel from abroad, ( china ) under Eu legislation to give them special tariffs, and also the fact tata are losing £1 million pounds per day…very sad state of affairs for british industry. In all honestly, i cannot see that the british government can do a lot about it…they may prop up the plant, they may take it back into government control, but it wont be for too long, otherwise they will be losing £1 million per day…not good sense…unless they can persuade the chinese to raise their prices ( lol ) or stop the EU from allowing them cheap tariffs ( another joke ) so it looks like its all going either down the drain, or another EU country will take all the work ( Germany for eg )…whatever happens, a lot of welsh people are gonna end up out of work…and that is sad.
Exactly.The Germans win because they don’t need tarrif barriers because Germans don’t buy Chinese.
As for the Brit government there’s plenty it could do like ditching its support of EU membership and free market principles and the idea of so called ‘third world’ wealth re distribution used to put our industries out of the frame and backing the Chinese Communist Party.IE a Nationalist not Socialist Labour Party worth the name.
We manage to give 385 million to the EU every week, well that works out we could help the steel industry and it’s workers by giving it 1 million a day and still be no worse of, a better way to spend my tax
I hope they save the steel works, for my kids’ sake…
…I don’t want them to have to listen to the Welsh going on about it in years to come like I’ve had to listen to what happened to the miners.
Also, Briton Ferry is rough now, what will happen if things get worse?
We should be telling the Chinese that we won’t be importing any of their steel, or any of their other goods for that matter, until they put an end to their importing of rhino horn and elephant tusks. Pathetic really when it’s all done so that they can get it up.
cav551:
We should be telling the Chinese that we won’t be importing any of their steel, or any of their other goods for that matter, until they put an end to their importing of rhino horn and elephant tusks. Pathetic really when it’s all done so that they can get it up.
You cant do that how are they going to build our cheap nuclear power stations and even cheaper HS2 with out their cheap steel from China??
eagerbeaver:
Please don’t damage mine. Love my Jag.
As for the Tata situation, it’s just another example of Britain bending over. The Chinese have been dumping cheap steel here for God knows how long, and our illustrious leader combo George & Dave haven’t done a thing about it.
Because we can’t whilst we’re in the EU. EU rules on state aid prevent the government giving Tata money or beneficial tax rates etc. EU rules prevent the UK from placing its own higher import tariffs on Chinese steel, something which America did with great success to save its steel industry, as import tariffs are done at an EU level by Brussels.
Just another reason to vote to leave.
Unfortunately if it was up to the EU we like the US would have 266% tariffs on Chinese steel, but it was the Tory MEPs under instruction from Cameron who stopped it. The irony of having a Tory MP for Corby demanding tariffs after his own party killed them off is pretty astounding. Osborne is so desperate to ■■■■ up to China he doesn’t care whose jobs go as long as The City get a piece of corrupt Chinese action.
perkibre:
I personally would like to see, the steel industry renationalised, and see a culture, in which we buy British made steel, instead of cheap imports, which are inferior in terms of quality ! When Stagecoach East Coast (Railway) was took back into state control, it went back into profit, generating £500m profit. If we ensured that all infrastructure projects used British made steel, surely it would help. Port Talbot has one of the newest blast furnaces in Europe, it’s only a couple of years old, so it can’t be that inefficient !
An environment in which customers put the national interest first by buying British at an obviously higher cost on the basis that not doing so will crash the economy for everyone including themselves in the long term,could arguably be described as a type of ‘Nationalisation’.While that definition would arguably make German industry more ‘Nationalised’ and protected by a natural protectionist trade barrier than ours ever was.
On that note there’s not much point in remembering the sacrifices of the wartime generation that fought Hitler if we’re then going to allow the ‘business community’ to chuck it all away for short term personal gain.The economic policies of both Labour and the Cons being as bad as each other in that regard.
Janos:
No more jobs for the boys. They priced themselves out the market years ago too. Also, how many drivers on here have had to put up with interminable queues and being treated appallingly by the various mills? Either at Shotton, Scunthorpe or in the Valleys. Lots of short memories here.
