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A watershed moment in UK politics; Sh17 is about to get interesting.

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wayneL said:
A watershed moment in UK politics; Sh17 is about to get interesting.

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My comment: I am far from satisfied with Farage and Reform, but if in a position to vote in the next election (possible), I would feel compelled to vote that way. Both Labour and the Tories thoroughly deserve to be electorally massacred.

The Nige just might be the next PM IMO.
 
wayneL said:
My comment: I am far from satisfied with Farage and Reform, but if in a position to vote in the next election (possible), I would feel compelled to vote that way. Both Labour and the Tories thoroughly deserve to be electorally massacred.

The Nige just might be the next PM IMO.
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Only about 4 years to go. :rolleyes:
 
mullokintyre said:
Not sure if britsh steel sutting down its last mills is the fault of the yanks, but yes , stuff them anyway.
mick
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British Steel is a Chinese company. :roflmao:

British Steel, is a steel company owned by China's Jingye Group,

It kind of shows why some things should be re nationalised, I wonder if the Labour Party will do it, there would be hell to pay if it was the Tories.

Crickets anyone. :rolleyes:

People in Scunthorpe fear for the future if blast furnaces close

Up to 2,700 jobs at Scunthorpe's steelworks could go following a British Steel consultation.
www.bbc.com

Earlier, British Steel said the blast furnaces were "no longer financially sustainable" due to tough market conditions, the imposition of tariffs and higher environmental costs.

The BBC understands British Steel was expecting a £1bn injection of government money to keep the business going, but was instead offered £500m.
 
SirRumpole said:
UK getting scared of Putin, may re-introduce conscription.

Conscription is 'inevitable' for UK, says MP eyeing war with Russia

By the time MP Mike Martin described it as "inevitable" last month, conscription was well and truly back in Britain's national conversation, and some people are not against the idea.
www.abc.net.au
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Maybe re introducing national service in some Western countries, wouldn't be such a bad thing, I'm sure a lot of young people who can't find employment could get a lot of trade and life skills spending some time in the Armed forces.

I wouldn't think conscription would be introduced unless there was a war, if a war did start I doubt there would be many volunteers, trashing houses no problem defending them not so popular. :roflmao:
 
sptrawler said:
I wouldn't think conscription would be introduced unless there was a war, if a war did start I doubt there would be many volunteers, trashing houses no problem defending them not so popular. :roflmao:
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Might get rid of a few migrants on the dole though. Life in the 'old country' may not be so bad. ;)
 
sptrawler said:
British Steel is a Chinese company. :roflmao:

British Steel, is a steel company owned by China's Jingye Group,

It kind of shows why some things should be re nationalised, I wonder if the Labour Party will do it, there would be hell to pay if it was the Tories.

Crickets anyone. :rolleyes:

People in Scunthorpe fear for the future if blast furnaces close

Up to 2,700 jobs at Scunthorpe's steelworks could go following a British Steel consultation.
www.bbc.com

Earlier, British Steel said the blast furnaces were "no longer financially sustainable" due to tough market conditions, the imposition of tariffs and higher environmental costs.

The BBC understands British Steel was expecting a £1bn injection of government money to keep the business going, but was instead offered £500m.
Click to expand...
Well the penny has finally dropped, at least in the U.K.

‘National security on the line’: Starmer’s bid to save British Steel from Chinese owners amid tariff crisis

The UK parliament has been recalled for just the fifth time since WWII for an emergency vote to pass a bill taking assets into public control.
www.theage.com.au

‘National security on the line’: Starmer’s bid to save British Steel from Chinese owners amid tariff crisis​

London: The future of steel production in Britain hangs in the balance as the Labour government took the extraordinary measure of recalling parliament to intervene in the crisis surrounding British Steel.

With the potential closure of the company’s Scunthorpe plant, which could result in the loss of 3500 regional jobs, MPs and peers have been recalled to Westminster on a Saturday for just the fifth time since World War II, to vote on emergency legislation aimed at averting disaster.
Prime Minister Keir Starmer said the legislation would allow ministers to “take control” of the Lincolnshire site and stop its Chinese owner, Jingye Group, from closing its blast furnaces. The decision comes amid rising global instability, with US President Donald Trump’s 25 per cent global tariff on American steel imports adding further pressure to an already strained industry.
Starmer stressed that the closure of British Steel’s Scunthorpe plant would have far-reaching consequences for Britain’s ability to produce steel and its role in the global market.

“This moment could have happened at any time, but it has happened now, and I will not stand by,” he said. “The future of British Steel hangs in the balance. Jobs, investment, growth, and our national security are all on the line.”
The ownership of the company by a Chinese shareholder since 2020 is understood to have been raised by both the Trump and Biden administrations. Britain produces about 6 million tonnes of crude steel a year, about 70 per cent of the nation’s annual demand of 8.9 million tonnes.

The move, described by government officials as a step towards “effective nationalisation”, would allow the government to buy raw materials to keep the blast furnaces going. UK Business Secretary Jonathan Reynolds would also be able to direct staff to do so and ensure materials were used at the site.

Blast furnaces, which are essential to steelmaking, require a continuous supply of raw materials to operate. Once the molten iron and slag inside the furnaces cool and harden, they become irreparable. As a result, the imminent closure of the site threatens to end primary steelmaking in Britain, leaving the country as the only G7 nation unable to produce steel from scratch.
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The issue of nationalisation will be dealt with separately and is not certain to happen, but officials said it was the likely outcome and the government would look at potential private sector partners for a transfer of ownership and co-investment.

Jingye Group has claimed to have invested more than £1.2 billion ($2.5 billion) in maintaining the business. But the company warned that its two blast furnaces were no longer financially sustainable, with losses of about £700,000 a day. Despite rejecting a £500 million bailout plan proposed by the British government last month, Jingye continued to negotiate with ministers, but talks broke down in recent days.

The government had offered to cover the costs of raw materials, an essential element for the continuation of operations, but the Chinese owners refused.

Parliament was last recalled in August 2021 to debate the situation in Afghanistan. It has been recalled only 34 times since 1948. Downing Street said MPs would sit for as long as necessary to pass the laws.

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Nigel Farage, leader of the right-wing populist Reform UK, who recently visited Scunthorpe, has called for the nationalisation of British Steel, arguing that China has no vested interest in keeping the steelworks open.
“This is a vital strategic asset, and the government must act now to protect these jobs and the steel industry,” Farage said.
Unions representing workers at the Scunthorpe plant have also thrown their weight behind the government’s intervention.

Roy Rickhuss, general secretary of the Community Union, praised the government’s decision to call parliament into an emergency session, calling the steelworks a “vital strategic business”. He warned that allowing British Steel to collapse would leave the UK without primary steelmaking capacity, a dangerous position for a modern economy.
 
sptrawler said:
Well the penny has finally dropped, at least in the U.K.

‘National security on the line’: Starmer’s bid to save British Steel from Chinese owners amid tariff crisis

The UK parliament has been recalled for just the fifth time since WWII for an emergency vote to pass a bill taking assets into public control.
www.theage.com.au

‘National security on the line’: Starmer’s bid to save British Steel from Chinese owners amid tariff crisis​

London: The future of steel production in Britain hangs in the balance as the Labour government took the extraordinary measure of recalling parliament to intervene in the crisis surrounding British Steel.

With the potential closure of the company’s Scunthorpe plant, which could result in the loss of 3500 regional jobs, MPs and peers have been recalled to Westminster on a Saturday for just the fifth time since World War II, to vote on emergency legislation aimed at averting disaster.
Prime Minister Keir Starmer said the legislation would allow ministers to “take control” of the Lincolnshire site and stop its Chinese owner, Jingye Group, from closing its blast furnaces. The decision comes amid rising global instability, with US President Donald Trump’s 25 per cent global tariff on American steel imports adding further pressure to an already strained industry.
Starmer stressed that the closure of British Steel’s Scunthorpe plant would have far-reaching consequences for Britain’s ability to produce steel and its role in the global market.

“This moment could have happened at any time, but it has happened now, and I will not stand by,” he said. “The future of British Steel hangs in the balance. Jobs, investment, growth, and our national security are all on the line.”
The ownership of the company by a Chinese shareholder since 2020 is understood to have been raised by both the Trump and Biden administrations. Britain produces about 6 million tonnes of crude steel a year, about 70 per cent of the nation’s annual demand of 8.9 million tonnes.

The move, described by government officials as a step towards “effective nationalisation”, would allow the government to buy raw materials to keep the blast furnaces going. UK Business Secretary Jonathan Reynolds would also be able to direct staff to do so and ensure materials were used at the site.

Blast furnaces, which are essential to steelmaking, require a continuous supply of raw materials to operate. Once the molten iron and slag inside the furnaces cool and harden, they become irreparable. As a result, the imminent closure of the site threatens to end primary steelmaking in Britain, leaving the country as the only G7 nation unable to produce steel from scratch.
Loading

The issue of nationalisation will be dealt with separately and is not certain to happen, but officials said it was the likely outcome and the government would look at potential private sector partners for a transfer of ownership and co-investment.

Jingye Group has claimed to have invested more than £1.2 billion ($2.5 billion) in maintaining the business. But the company warned that its two blast furnaces were no longer financially sustainable, with losses of about £700,000 a day. Despite rejecting a £500 million bailout plan proposed by the British government last month, Jingye continued to negotiate with ministers, but talks broke down in recent days.

The government had offered to cover the costs of raw materials, an essential element for the continuation of operations, but the Chinese owners refused.

Parliament was last recalled in August 2021 to debate the situation in Afghanistan. It has been recalled only 34 times since 1948. Downing Street said MPs would sit for as long as necessary to pass the laws.

Loading
Nigel Farage, leader of the right-wing populist Reform UK, who recently visited Scunthorpe, has called for the nationalisation of British Steel, arguing that China has no vested interest in keeping the steelworks open.
“This is a vital strategic asset, and the government must act now to protect these jobs and the steel industry,” Farage said.
Unions representing workers at the Scunthorpe plant have also thrown their weight behind the government’s intervention.

Roy Rickhuss, general secretary of the Community Union, praised the government’s decision to call parliament into an emergency session, calling the steelworks a “vital strategic business”. He warned that allowing British Steel to collapse would leave the UK without primary steelmaking capacity, a dangerous position for a modern economy.
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Sold to China by Boris Johnston. Will the penny drop? So many bad decisions.
 


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