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irishone
11 Sep 24 19:42
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Date Joined: 22 Sep 06
| Topic/replies: 59,691 | Blogger: irishone's blog
What prime minister idiot in the world would give £500m to an Indian firm in the UK to lay off 3000 odd steel industry workers ?
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Report irishone September 11, 2024 7:44 PM BST
Union officials hope the number of immediate compulsory redundancies at the UK’s biggest steel works will end up being far lower than 2,800 as many workers who left recently have not been replaced. There have been more than 2,000 expressions of interest in the redundancy and re-training package being offered.

In Scunthorpe, prospects for workers have deteriorated more suddenly.

Unions had hoped that a government support package of up to £600m to Jingye would see one of its remaining blast furnaces remain open during the three years it took to build a new electric arc furnace.

That prospect has faded, according to union and government sources, meaning that up to 3,000 jobs could go.

Asked how the government felt about the next few weeks, a senior source said: "It's going to feel grim."

Unions have told the BBC that the closure of blast furnaces at both Port Talbot and Scunthorpe would leave the UK without the ability to make virgin steel.
Report dave1357 September 11, 2024 7:54 PM BST
What prime minister idiot? Johnston? Sunak? May? can't remember who made the deal.
Report dave1357 September 11, 2024 7:57 PM BST
Sunak apparently
Report irishone September 11, 2024 8:01 PM BST
Labour's manifesto promised a kitty of £2.5bn to revitalise the UK steel industry.

But the new government has taken a similar line to its predecessor by insisting that public money is only available to invest in new greener steel production facilities, rather than to subsidise large ongoing losses at carbon-intensive plants.
Report irishone September 11, 2024 8:03 PM BST
Unions had hoped that a government support package of up to £600m to Jingye would see one of its remaining blast furnaces remain open during the three years it took to build a new electric arc furnace.

That prospect has faded, according to union and government sources, meaning that up to 3,000 jobs could go.

Asked how the government felt about the next few weeks, a senior source said: "It's going to feel grim."
Report dave1357 September 11, 2024 8:27 PM BST
So you think they should cancel the £500m tory subsidy for the new plant and shut down the place entirely?
Report irishone September 11, 2024 9:10 PM BST
"Labour's manifesto promised a kitty of £2.5bn to revitalise the UK steel industry"


...... and c3000 laid off  ?  .......  revitalisation ?????

where is the sense in that ?
Report SirNorbertClarke September 11, 2024 10:29 PM BST
^^^ Paddy O'Tool, the Betfair fool Laugh ^^^
Report The Management September 12, 2024 11:56 AM BST
Rick O' Shay imo - keeps shooting himself in the foot. Oops Blush
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