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..... Chris Morris (The Day Today) would be spinning in his grave if he was dead at the sheer nonsense of it all. We were once a proud country you know...........
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been in steelworks recently on shutdowns and workforce are convinced they,ll walk out on a Friday with government stat redundancy payments and start back Monday for new company,as the government have been propping up steelworks for last 2 months only reason I could see for this approach is for new firm to change workers t,s and c,s, they,d normally just get tupeed over to the new company on same t,s and c,s,
be careful what you wish for lower wages,zero hrs,no pension scheme etc,etc
be careful what you wish for lower wages,zero hrs,no pension scheme etc,etc
And the British government is subsidising the takeover to the tune of £300 million.
300 million is nothing some of the blast furnaces are over 60 years old.
The British steel industry needs money tomodernise move towards the recycling of steel from scrap rather than iron ore
The British steel industry needs money tomodernise move towards the recycling of steel from scrap rather than iron ore
electric arc furnaces need a unbelievable amount of power to operate and create an unbelievable noise , the old basic oxygen plant [ BOS ] ON TEESSIDE ALREADY HAS THE power and can rejig the mothballed LMF PLANT TO CREATE AN ELECTRIC ARC FURNACE but is there a demand for the more expensive steel up against a pile it high sell it cheap Chinese steel
Well every sailor knows that you need to source a lot of metal to maintain a 30 mile wide Ankara.
I'm trying to think of a part of our everyday economy that isn't at least part owned by a European gov - at least that will all end on Nov 1st when we become a proud sovereign nation again and grab them all back and run them ourselves - take that Fritz and Jean-Pierre!
Just think of the amount of recycling metal in gets sold for scrap value that could be processed by your local council if they only had the equipment to turn bio waste into methane gas then use the gas to reprocess the various metals
has anyone got any links on what infrastructure the Uk gov owns please? I can find stuff on 'loans' to developing countries but nothing on what we own in Europe or developed nations i did find this:
https://fullfact.org/economy/who-owns-britains-trains-energy-postal/
“The energy market is owned by the French government mainly, your railways are owned by the Dutch and German government and the Royal Mail's part-owned by the German government so they are state-owned, [it’s] just not Great Britain that owns them.”
BBC Question Time audience member, 25 January 2018
Energy
The French government is a major shareholder in one of the Big Six energy providers in the UK. EDF Energy is part of the French EDF Group. The French government is the majority shareholder in the group, with 83% of shares, as of September 2017.
Of the other big six energy companies, E.ON is based in Germany. N Power is part of the Innogy group, another German company. Scottish Power is part of the Iberdrola Group (a company based in Spain).
British Gas is part of UK-based company Centrica. SSE is also a UK-based company.
Rail
Railway infrastructure—things like the tracks, signals, level crossings, bridges, and tunnels—is run by Network Rail, which describes itself as a “public company, answerable to Government”. Trains, most smaller stations, and routes are split into franchises run by different companies. Around a dozen of the franchise holders are linked to governments in other countries.
A German company, Deutsche Bahn, runs several UK rail franchises—Arriva Trains Wales, Chiltern Railways, CrossCountry, Grand Central, and Northern. The German government is Deutsche Bahn’s majority shareholder.
Rail travel in France is run by a state-operated rail company, SNCF. SNCF is also the majority shareholder in a French private transport firm called Keolis which in turn jointly runs railway company Govia with the UK Go-Ahead Group. Govia operates UK franchises: Thameslink, Southern, South Eastern, Great Northern, and Gatwick Express.
Greater Anglia, Stansted Express and Scotrail are all operated by Abellio. Abellio is run by Netherlands Rail whose only shareholder is the Dutch government.
Abellio has partnerships with other businesses to run rail franchises. Along with the Japanese companies Mitsui & Co. and East Japan Railway it runs London Northwestern and West Midlands Rail. Abellio also runs Merseyrail with UK-based Serco.
The c2c franchise is operated by Trenitalia. Trenitalia is part of the FS Italiane Group which is owned by the Italian government.
Other franchise holders are UK companies FirstGroup, Stagecoach, and Virgin Trains (which is in part run by the Virgin Group and partly by Stagecoach).
Post
Royal Mail was privatised in 2013 and the government sold its final shares in the company in 2015. As of 2016/17, 12% of the company shares were held by employees. We’ve not seen a full list of shareholders and have asked the Royal Mail for more information.
Another delivery company, UK Mail, is part of Deutsche Post DHL Group. 21% of Deutsche Post DHL shares are held by KfW Bankengruppe, whose only shareholders in turn are the German federal government and various German state governments. This may have been what the audience member was referring to.
Correction 7 February 2018
We changed this piece to say that rail franchises were "run" or "operated" by the various companies mentioned, rather than "owned".
but nothing on what we own. Seeing as we are so good at running things this can't poss be right so there must be something out there that we own and run to profit the UK population as all the other major European govs have done?
https://fullfact.org/economy/who-owns-britains-trains-energy-postal/
“The energy market is owned by the French government mainly, your railways are owned by the Dutch and German government and the Royal Mail's part-owned by the German government so they are state-owned, [it’s] just not Great Britain that owns them.”
BBC Question Time audience member, 25 January 2018
Energy
The French government is a major shareholder in one of the Big Six energy providers in the UK. EDF Energy is part of the French EDF Group. The French government is the majority shareholder in the group, with 83% of shares, as of September 2017.
Of the other big six energy companies, E.ON is based in Germany. N Power is part of the Innogy group, another German company. Scottish Power is part of the Iberdrola Group (a company based in Spain).
British Gas is part of UK-based company Centrica. SSE is also a UK-based company.
Rail
Railway infrastructure—things like the tracks, signals, level crossings, bridges, and tunnels—is run by Network Rail, which describes itself as a “public company, answerable to Government”. Trains, most smaller stations, and routes are split into franchises run by different companies. Around a dozen of the franchise holders are linked to governments in other countries.
A German company, Deutsche Bahn, runs several UK rail franchises—Arriva Trains Wales, Chiltern Railways, CrossCountry, Grand Central, and Northern. The German government is Deutsche Bahn’s majority shareholder.
Rail travel in France is run by a state-operated rail company, SNCF. SNCF is also the majority shareholder in a French private transport firm called Keolis which in turn jointly runs railway company Govia with the UK Go-Ahead Group. Govia operates UK franchises: Thameslink, Southern, South Eastern, Great Northern, and Gatwick Express.
Greater Anglia, Stansted Express and Scotrail are all operated by Abellio. Abellio is run by Netherlands Rail whose only shareholder is the Dutch government.
Abellio has partnerships with other businesses to run rail franchises. Along with the Japanese companies Mitsui & Co. and East Japan Railway it runs London Northwestern and West Midlands Rail. Abellio also runs Merseyrail with UK-based Serco.
The c2c franchise is operated by Trenitalia. Trenitalia is part of the FS Italiane Group which is owned by the Italian government.
Other franchise holders are UK companies FirstGroup, Stagecoach, and Virgin Trains (which is in part run by the Virgin Group and partly by Stagecoach).
Post
Royal Mail was privatised in 2013 and the government sold its final shares in the company in 2015. As of 2016/17, 12% of the company shares were held by employees. We’ve not seen a full list of shareholders and have asked the Royal Mail for more information.
Another delivery company, UK Mail, is part of Deutsche Post DHL Group. 21% of Deutsche Post DHL shares are held by KfW Bankengruppe, whose only shareholders in turn are the German federal government and various German state governments. This may have been what the audience member was referring to.
Correction 7 February 2018
We changed this piece to say that rail franchises were "run" or "operated" by the various companies mentioned, rather than "owned".
but nothing on what we own. Seeing as we are so good at running things this can't poss be right so there must be something out there that we own and run to profit the UK population as all the other major European govs have done?
Bump to see if anyone has any links. I must say it does surprise me the lack of opinion on this topic - you lot go mental at the thought of Turkish immigrants coming here (ref campaign) but not at their army buying a round down part of our infrastructure that helped build (up) the country - your generation ran it down btw. You go mentally apoplectic at the 'intrusion' of Europe into 'our' everyday lives but don't mind their govs milking the UK consumer via rail and power cos - also sold by your generation on the cheap to the govs you hate so much. There are signs that the actual infrastructure (which we do seem to have more control over) is in need of massive investment - if only your generation hadn't spunked North sea oil on your pensions and sold everything off so cheap, making sure the rich stayed richer we would have a massive sovereign wealth fund that would mean we could have left the EU at any point and with little to know disruption - deal or no deal.
Anyone would think you lot have never really known what the feck you want or are doing/have done in any situation. Thank god it is you lot that will pay for brexit - after all you are the only ones with savings/assets that can be easily taxed and boy will that be needed in the coming years!
Anyone would think you lot have never really known what the feck you want or are doing/have done in any situation. Thank god it is you lot that will pay for brexit - after all you are the only ones with savings/assets that can be easily taxed and boy will that be needed in the coming years!
the steel industry is like man utd despite years of evidence to prove otherwise, someone,s ego always think they can turn back the tide and make a go of it
corus
tata
Italian,korean,mexican consortium
ssi Thailand
greybull
over the last 20 years says the uk government and uk companies have done well not to touch it with a barge pole
corus
tata
Italian,korean,mexican consortium
ssi Thailand
greybull
over the last 20 years says the uk government and uk companies have done well not to touch it with a barge pole
Government pumps money into a lot less deserving. Why not take a billion a year out of the BBC for industry modernisation
because the steel industry eats money on a daily basis energy ,raw materials,consumables, wages pensions its just very hard to withstand any down turns,low orderbook,price rises and falls ,wages ,pensions
I worked there under ssi and there was a breakdown on blast furnace possibly up to a month and ssi Thailand just said send the workforce home for a month off pay,had to be explained to them that it didn't work like that in uk it was up to them to find us work pay us for been off etc, they were gobsmacked
I worked there under ssi and there was a breakdown on blast furnace possibly up to a month and ssi Thailand just said send the workforce home for a month off pay,had to be explained to them that it didn't work like that in uk it was up to them to find us work pay us for been off etc, they were gobsmacked
this pension fund will end up taking the money and running
redcar plant nothings really changed, thai banks still own land and not playing ball with Middlesbrough council wanting to take it over so 20 years minimum before land can be got back to use for any other means, 150 men on site looking after site integrity and always talk of an electric arc furnace been built,which would make sense feeding the Teesside beram mill instead of Scunthorpe providing the steel,but politically cant see that happening
Perhaps McCluskey could reopen the business using the Unite pension fund to show he practices what he preaches ?
That steel mill probably sits on top or near to large coal deposits back in the 60s we still made coal gas and I bet the price of buying gas was a major contributer to the closure of the plant
steel industry is like blackpool easy to make money in the summer, plenty of consortiums around the world dipped in and out of the industry at different times making good returns but its all very cyclical ,and now hampered by the green lobby carbon targets etc,etc
We have lost a lot of heavy industry in the last few years where cost of energy was the main culprit the problem as I see it is when it comes to renewable energy it's stick and no carrot. Where are the subsidy and grants? Climate change is seen only as tax
If these British Steel workers were willing to work for the minimum wage would there be any need for a takeover?
Can you live on the minimum wage without the government or your partner / family member subsidising you?
ON THE PLUS side in this possible deal at least they own, have an interest in a steel company so wont be overawed by the daily costs of the steel industry
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