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Showing posts with the label Steel industry

British government sacrifices thousands of jobs and families in the steel industry as a thank you to China,

http://www.telegraph.co.uk/business/2016/03/30/britain-sacrifices-steel-industry-to-curry-favour-with-china/ Britain sacrifices steel industry to curry favour with China "The British are sacrificing an entire European industry to say thank you to China for signing up to the nuclear power project at Hinkley Point, said one official in Brussels bitterly. If we can bail out the banks with £ billions to save a few bankers and hedge fund managers, we can invest in our steel industry to save thousand of jobs and families. T housands of British jobs put at risk at Tata Steel, because this government refuses to intervene in any positive way. Thousands more jobs put at risk in associated and other business reliant on the demand generated by steel workers families. This government should stop the dumping of cheap steel (predominately by their new friends in China) onto our markets, subsidise production of steel to reduc e the costs of our steel, take Tata in...

Another British Industry sacrificed on the altar of Conservative Party economic dogma.

  http://www.theguardian.com/business/2015/oct/21/cameron-accused-of-misleading-steelworkers-over-80m-aid-fund Cameron accused of misleading steelworkers over £80m aid fund   Steel workers at the Tata Steel plant in Motherwell   Thatcher started this destruction of British industry and Cameron continues her evil work. Heavily State subsidised imports from abroad, this time it is steel, are allowed to flood into this country but the government refuses such support to our own industry. As a result, because our own industries are unable to compete with the cheap (on price and quality) imports, the government  allows the plants to close and the workers to be made redundant. The government justification for allowing the extinction of the industry is the fallacious lie that the industry is noncompetitive and "market forces"  must be allowed to determine the outcome. Not only does this country loose the manufacturing facility, it also loses the skills as...

British workers made redundant as State subsidised Chinese steel floods onto our markets and we treat them to a Sate Banquet !

  http://www.theguardian.com/business/live/2015/oct/20/steel-crisis-grows-as-tata-unveils-job-cuts-business-live Steel crisis grows as Tata unveils job cuts Hundreds of SSI workers try to find work at a jobs fair in Redcar for steelworkers made redundant . China continues to dump its state subsidised steel onto our markets as another 1200 people at least are made redundant to join the 5000 already announced from the closures of SSI and CAPRO. Against this background Cameron begs for Chinese money for other United Kingdom projects (which will undoubtedly cause even more redundancies for British workers) by welcoming Chinese President Xi Jinping on a state visit to this country. President Xi Jinping and his wife arrive in London for a state visit to Britain The Buckingham Palace ballroom set for a state banquet This evening, the Chinese President and his delegation together with Cameron and other "dignitaries" are being entertained at a l...