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Old 29-03-2016, 05:10 AM #1
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Default India's TATA wants to sell UK's Port Talbot Steel Plant

Decide They Must

With so much Money
lost this UK Plant

How can TATA afford to keep it going?

This is Not a Government Issue
over 3,000 workers are still there.


Meanwhile in Scotland
LibertyGlobal are Re opening
Steel plants
http://news.sky.com/story/1666370/mo...pen-after-deal

Last edited by arista; 30-03-2016 at 12:55 AM.
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Old 29-03-2016, 09:36 AM #2
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Just hoping "Brokered a deal" doesn't mean they get massive grants then beggar off after a year or so...not that that has ever been done before
Good luck to them, every little helps, but the Steel Industry in Britain is finished as we know it.
Hubby has been with them man and boy..since it was actually British Steel.
he has been waiting for his firm to shut up shop for 6 months or so now, just a question of talks with Tata to get stuff ironed out.
He will leave work at the end of June. Thankfully he gets a decent redundancy package and he can also take a very early retirement, but the rest of the workforce, including his younger brother can't, it's these men and their families I feel for, on top of all the rest of firms going under it looks bleak on the job front for them.
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Old 29-03-2016, 09:40 AM #3
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Good news for your hubby smudge but like you say an uncertain future for the younger guys in that industry
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Old 29-03-2016, 09:50 AM #4
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Quote:
Originally Posted by Kizzy View Post
Good news for your hubby smudge but like you say an uncertain future for the younger guys in that industry
Absolutely Kizzy, my heart weeps when I think of what a great Steel Industry Britain had.
We have just managed to bring our plans for an early retirement forward a bit.
A few of the men have sorted new jobs out, taking pay cuts and more travelling etc, but the majority are going to find it pretty tough for a while.
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Old 30-03-2016, 12:44 AM #5
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Tata Considers Selling UK Steel Operation

But who wants a Loss Making Industry?

Its the EU Fault - all are saying
This has be going on for 30 years

http://news.sky.com/story/1669193/ta...teel-operation

[Tata Steel has confirmed it is looking into selling its
entire UK steel operation, casting doubt over the future
of at least 15,000 steelworkers across the UK.]

Last edited by arista; 30-03-2016 at 12:46 AM.
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Old 30-03-2016, 09:38 AM #6
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Quote:
Originally Posted by smudgie View Post
Just hoping "Brokered a deal" doesn't mean they get massive grants then beggar off after a year or so...not that that has ever been done before
Good luck to them, every little helps, but the Steel Industry in Britain is finished as we know it.
Hubby has been with them man and boy..since it was actually British Steel.
he has been waiting for his firm to shut up shop for 6 months or so now, just a question of talks with Tata to get stuff ironed out.
He will leave work at the end of June. Thankfully he gets a decent redundancy package and he can also take a very early retirement, but the rest of the workforce, including his younger brother can't, it's these men and their families I feel for, on top of all the rest of firms going under it looks bleak on the job front for them.

Heartbreaking, so many gave been in the industry for most of their lives and are too young to retire but who will take them on


Quote:
Originally Posted by arista View Post
Tata Considers Selling UK Steel Operation

But who wants a Loss Making Industry?

Its the EU Fault - all are saying
This has be going on for 30 years

http://news.sky.com/story/1669193/ta...teel-operation

[Tata Steel has confirmed it is looking into selling its
entire UK steel operation, casting doubt over the future
of at least 15,000 steelworkers across the UK.]
I wondered who would buy it as well, unless they think the government will bail it out like the did the banks.....

Last edited by Cherie; 30-03-2016 at 09:38 AM.
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Old 30-03-2016, 09:55 AM #7
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Quote:
Originally Posted by Cherie View Post
Heartbreaking, so many gave been in the industry for most of their lives and are too young to retire but who will take them on




I wondered who would buy it as well, unless they think the government will bail it out like the did the banks.....
Its Not Viable
Sadly
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Old 30-03-2016, 11:30 AM #8
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Corbyn wants Parliament brought back.
because the Steel Sale


I bet he does, wasting our time
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Old 30-03-2016, 02:07 PM #9
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Feck me
that Horrible Labour Woman MP Eagle
says the PM Must return from his Holiday


Why
what can he do?



Fecking Labour


http://www.sajidjavid.com/
Right you Feckers Labour
Sajid is on his was way Home
Official Business Visit Down Under Cut Short

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Old 30-03-2016, 02:41 PM #10
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Now Dave
is flying back to London
with a Downing Street Meeting
Tomorrow morning.
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Old 30-03-2016, 05:03 PM #11
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The Labour Leader
Live on SkyNewsHD
just said The Government must own
the UK Steel Industry for now.

But it Losing Millions of pounds each day?
how man Billions does JC want spent?


And PM is Not calling Parliament back on Monday
that I agree with.

Labour would make it into a election Issue
so fecking wait until the 11th of April.

Also Andrew Neal of Daily Politics BBC2HD
is not due back in the UK until its broadcast time
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Old 30-03-2016, 06:53 PM #12
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Really sad to hear this.

My dad works for TATA and loves his job. The current government have never been supportive of the steel industry. I'll be interested to hear David Cameron's response to this.
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Old 31-03-2016, 12:59 AM #13
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Quote:
Originally Posted by Braden View Post
Really sad to hear this.

My dad works for TATA and loves his job. The current government have never been supportive of the steel industry. I'll be interested to hear David Cameron's response to this.

Yes the PM must say whats he going to do?

Question Braden : can they keep paying around
One Million Pounds a day ,to keep it alive?
I think over many years its above Billions?

Not Joking
will it be above what Bankers Stole from us?
When it was New Labour in Power


Respect to your Dad
I hope the Pressure does not hit him harder





Sign Of The Times

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Old 31-03-2016, 06:40 AM #14
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GMBHD itv
pointed out the Under New Labour Brown
Ed Milliband brought in the
Climate Change Act
making our Energy Costs Higher than
other nations.
Thats when so many deals went for China
who have Low Energy costs.

Parliament will not be recalled on Fecking Labours say so


What a Feck Up
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Old 31-03-2016, 07:06 AM #15
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Haha they're trying to pin this on climate change legislation? Idiots.
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Old 31-03-2016, 05:46 PM #16
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The PM
is not doing the Labour party Demand.

Meanwhile a Buyer Liberty House (Bought a Scottish Division)
will only want the Steel Work Plants doing well.
Thats Total Logic.

No Company can take over a Dead Industry
due to lack of backing.


Ref: Bloomberg, SkyNewsHD, BBC AM Business Report
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Old 31-03-2016, 06:04 PM #17
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Thank you, arista

My dad is currently asking the same question. He's aware that the Port Talbot plant is losing around Ł1million a day, so it's not very likely that someone would want to buy that business. There could be a small bit of hope since he works at a smaller plant. But it's very much up in the air at the moment. Scary times.
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Old 31-03-2016, 06:31 PM #18
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Quote:
Originally Posted by Braden View Post
Thank you, arista

My dad is currently asking the same question. He's aware that the Port Talbot plant is losing around Ł1million a day, so it's not very likely that someone would want to buy that business. There could be a small bit of hope since he works at a smaller plant. But it's very much up in the air at the moment. Scary times.

I hope your Dad does carry on
in a smaller plant.

Scary , sadly true Braden.
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Old 01-04-2016, 06:15 PM #19
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The Business Secretary Sajid Javid
rushed to Port Talbot.

Some Workers liked what he said
but warned it means nothing
if nothing is done fast.

http://news.sky.com/story/1670701/bu...ly-vital-to-uk
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Old 01-04-2016, 08:08 PM #20
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The Conservative show of dashing home to look after the British steel industry is just smoke and mirrors. Savid Javid was fully aware it was being collapsed by subsidised and dumped Chinese imports, but argued that this cheap Chinese steel was beneficial to the UK economy more generally. Arguing against higher EU tariffs on Chinese steel dumping, Javid stated to MPs only six weeks ago.

“The responsibility of government is to look at the overall impact on British industry and jobs,” the Business Secretary said.

“If duties get disproportionate it would have an impact in Britain and elsewhere on consumers of steel. Those businesses tell us it will cost jobs and exports if duties got out of control…


“To go further might in the short term look the right way to go to protect industry but you have to remember in Britain there are also companies that consume steel as part of the production process.”

This is pure Thatcherism. On Javid’s instruction, last year the British diplomatic mission to the EU (UKREP Brussels) was lobbying the EU commission against higher punitive tariffs on Chinese steel than the 13% the UK supported – even though the Commission found that dumped Chinese steel had an effective state subsidy of up to 72%. I have this from a British diplomatic source.
https://www.craigmurray.org.uk/archi...british-steel/

Astonishing isn’t it? If anything is going to be Camerons downfall, its going to be this.
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Old 01-04-2016, 08:21 PM #21
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Sajid Javid far from rushed home and should have been here really for the upcoming TATA meeting if not getting himself over to that in the first place.

He has in fact been shamed into going to Port Talbot.
I feel sorry for Anna Soubry,I really believe she would like to do everything and anything to save the steel industry in the UK.

However this Business secretary and likely Chancellor too as to the issue leave much to be desired as to their real commitment.

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Old 02-04-2016, 12:25 AM #22
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The Steel industry in Britain has been dying on its feet for years.
Losing billions not millions over the last few years.
Tata, like SSI and others have gven it a good try, but there comes a time you have to pull the plug.
Are the British taxpayer really happy to lose millions of pounds on a daily/weekly basis for a cause that has no future?
Had this happened after the referendum and had we come out of the EU and able to make our own laws it might have stood a chance, providing of course industry would be dictated to and told British Steel for British infrastructure.
Coming from a steel working family I don't want the government to try and bail it out. Not just the loss of money to make the steel but the massive pension pot bills would be a nightmare, then the clean up costs that will come after it all goes under would be astronomical.
Tata should pick up the bill, they have been in talks for months trying to get out of clean up penalty clauses with the firm hubby works for, no doubt there will be others as well. Ł50 million or more for small clean ups, heaven knows what it will cost to shut the Talbot works
Such a shame for it all to end this way
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Old 02-04-2016, 05:40 AM #23
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Quote:
Originally Posted by joeysteele View Post
Sajid Javid far from rushed home and should have been here really for the upcoming TATA meeting if not getting himself over to that in the first place.

He has in fact been shamed into going to Port Talbot.
I feel sorry for Anna Soubry,I really believe she would like to do everything and anything to save the steel industry in the UK.

However this Business secretary and likely Chancellor too as to the issue leave much to be desired as to their real commitment.

No he rushed from Down Under
a official trip there , and his daughter.

More Job loses
look like they are soon to happen.
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Old 02-04-2016, 05:47 AM #24
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China will now put Big Tarrifs
on any UK imported Steel
to ensure locals use China Steel.
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Old 02-04-2016, 09:28 AM #25
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Good! yey fantastic hopefully now the govt will have to save British steel?

Interesting to see Mr good old keep Britain British has ballsed up.


http://www.independent.co.uk/news/uk...-a6964476.html

And the govt are lying through their teeth as usual

http://www.thecanary.co/2016/04/01/b...erably-images/
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