Liberty Steel bailout plea turned down
29/03/2021 | news | business | 301
The government refuses a request for £170m to support the struggling metals group.
1
29/03/2021 09:55:20 82 5
bbc
The owner of Liberty Steel must go before we bail them out.
He will trouser the money if he remains.
66
29/03/2021 11:04:16 55 12
bbc
Don't worry, if not him someone else will. Buy it for a quid, raid the pension fund sell off individual parts at a vast profit before letting the rest go bust.

It's called doing a Philip Green.
103
29/03/2021 11:47:44 11 2
bbc
I don't think the gov can do anything until administrators have been appointed. Gupta must be out of the picture, I'd agree.
119
29/03/2021 12:05:39 5 2
bbc
Indeed, a £20billion t/over, 35,000 employee company asking for a £170mn bailout, something a bit off about that
2
29/03/2021 09:56:03 10 12
bbc
The British government doesn't want to help out British industry.

All that patriotic flag waving is just a smokescreen.
17
29/03/2021 10:12:55 7 5
bbc
Did you read the article? Support the shop floor not the corporate entity. Sounds entirely reasonable. Let's face it, if they'd handed over the cash you'd be on here screaming about the money being off shored.
3
29/03/2021 09:57:37 5 6
bbc
Perhaps the government are listening. Look at the mess they have made of bailing out Bifab and the Ferries at Fergusons! The last thing we want is the inept SNP running businesses.
4
29/03/2021 09:59:38 4 4
bbc
Either nationalise the lot as a strategic industry or close the lot and move on.
5
29/03/2021 10:00:04 28 1
bbc
Wait until it goes into administration then the Government can have a proper look at the books, might even be able to get it for a nominal £1.
6
29/03/2021 10:01:05 7 8
bbc
Best we can hope for is for someone to do a family tree and reveal that Bozo is in fact a distant relative to Sanjeev?
7
29/03/2021 10:01:21 56 5
bbc
Britain needs steel, so surely it would be better to produce our own, rather than import so the government should take over the steel plants ,nationalize them for the benefit of the UK.
This would be a start to replacing the "family silver" that sadly has been sold of by previous governments.
25
29/03/2021 10:21:59 37 21
bbc
Yep. We can spend 22 billion on a useless track and trace system, or over 100 billion on an HS2 that will be outdated before it's even built, but using a measly amount of taxpayers' money to actually do something useful with it like nationalising a much needed steel company is too much.

Go figure...
51
Bob
29/03/2021 10:51:26 6 4
bbc
But there's no point throwing good money after bad.

If there's no net benefit to be had, don't be dishing money.

Too many bailouts also promotes failure.
152
29/03/2021 12:29:10 4 1
bbc
I suspect you have the wrong people in Government right now if you want to talk about nationalising anything...
166
29/03/2021 12:53:59 5 2
bbc
Agreed. Britain doesn't just need steel it needs British Steel. Steel from abroard may seem cheaper but the loss to the economy of not making it ourselves is huge. When we make our own steel, we can control the quality, minimise pollution and avoid political threats to our supplies.

The worry over this issue, is that continuity of production is under threat.
177
29/03/2021 13:28:43 1 3
bbc
How exactly do you expect a nationalised steel industry to compete and win business in a global marketplace?
261
29/03/2021 19:48:07 1 1
bbc
Agreed, a well constructed argument. Localised Steel production post-covid is a national asset.
282
30/03/2021 06:10:13 0 1
bbc
And the only coal mine planned for the production of coaking coal has been canned thanks to pressure from the hysterical green, woke, Thunberg lobby..
8
29/03/2021 10:01:24 63 2
bbc
Reading the piece it seems that the govenment will be willing to intervene after the administrators are appointed thus helping the industry rather than throwing money at the current owners to bail them out.

Sounds reasonable although what happens after?
14
29/03/2021 10:07:54 42 39
bbc
Tory Crony will be able to buy it for a £1 & make a killing!??
38
29/03/2021 10:34:59 2 1
bbc
You need to read further afield if you want to get yourself up to speed. This article is hiding more than it reveals.
292
30/03/2021 09:17:14 1 1
bbc
It's at the end of the story "British Steel, which was funded by UK taxpayers for almost a year after it went into administration until it was sold on to a Chinese firm in March 2020."
So much for Boris backing Britain and holding China to account!!
9
29/03/2021 10:03:37 36 1
bbc
I do think the government should step in only when any chance of the owners benefiting from that assistance/bailout is removed.
12
29/03/2021 10:06:07 29 32
bbc
But they won't unless there's a Tory crony waiting in the wings to make a killing!??
10
29/03/2021 10:05:01 34 23
bbc
How odd? I thought Brexit meant we would be able to support & protect British jobs?

Seems that's not the case in two major cases so far! Add in the problems for hauliers, fishing, shellfishing, loss of share trading & access to EU Police Data, etc.... Brexit's not what we were promised!

Did Brexiters (including Boris) lie to us as usual????
46
29/03/2021 10:41:41 25 23
bbc
Yes they did. And they should be ashamed of themselves for doing so.

Not only the top charlatans, but the deluded 17.4 million of whom many still to this day delude themselves into thinking Brexit is a great idea, despite the overwhelming evidence to show the contrary.

And no Brexiteers, the vaccine success is NOT a product of Brexit.
190
29/03/2021 14:21:47 2 2
bbc
Nothing to do with Brexit. This is a failing industry that has been failing and inefficient for many years. If this was your own money, would you invest in it? No you wouldn't. As usual making a point about Brexit that has nothing to do with the article. Change the record...
215
29/03/2021 15:27:51 4 4
bbc
Do Remoaners ever stop complaining? They believe that everyone is a liar except them.
11
MVP
29/03/2021 10:05:22 4 6
bbc
The government stepped in to help British Steel in 2010 so why not Liberty?
13
29/03/2021 10:07:05 12 7
bbc
Probably haven't got a Tory MP or Crony lined up to buy it for a £1 yet!??
31
29/03/2021 10:27:35 1 1
bbc
BS went into administration first.
9
29/03/2021 10:03:37 36 1
bbc
I do think the government should step in only when any chance of the owners benefiting from that assistance/bailout is removed.
12
29/03/2021 10:06:07 29 32
bbc
But they won't unless there's a Tory crony waiting in the wings to make a killing!??
213
29/03/2021 15:25:16 1 2
bbc
Even more boring the second time round.
262
29/03/2021 19:52:21 0 2
bbc
It’s not Tory cronies, it’s businessmen who take advantage of a situation, they exist regardless of whom is in power. The world is run by the smartest people and they do not care who they manipulate. Wake up to the reality.
295
30/03/2021 09:35:41 1 0
bbc
By buying for £1.00 and then selling the ashes after stripping the assets.

Watch those Tory backers bank balances (in for eg the Caymans) grow
11
MVP
29/03/2021 10:05:22 4 6
bbc
The government stepped in to help British Steel in 2010 so why not Liberty?
13
29/03/2021 10:07:05 12 7
bbc
Probably haven't got a Tory MP or Crony lined up to buy it for a £1 yet!??
8
29/03/2021 10:01:24 63 2
bbc
Reading the piece it seems that the govenment will be willing to intervene after the administrators are appointed thus helping the industry rather than throwing money at the current owners to bail them out.

Sounds reasonable although what happens after?
14
29/03/2021 10:07:54 42 39
bbc
Tory Crony will be able to buy it for a £1 & make a killing!??
19
29/03/2021 10:13:36 11 9
bbc
A killing? If there was a killing to be made, don't you think it would be in the situation it is now? But why let a chance to repeat yourself go to waste.
20
29/03/2021 10:14:21 7 4
bbc
I see you've found out how to use ctrl C / ctrl V.
30
29/03/2021 10:27:28 11 4
bbc
Three times you’ve made the same comment. You sound like a spambot. Time to move on.
210
29/03/2021 15:24:14 2 3
bbc
Very tedious and predictable comment.
256
29/03/2021 18:58:50 0 2
bbc
Labour Crony will be able to buy it for a £1 & make a killing!??
260
29/03/2021 19:44:54 0 2
bbc
By resorting to childish insults you validate their right govern for the next 20 years.
15
29/03/2021 10:11:10 4 5
bbc
Time for the rich mouthy business folks who said the UK thrive free of EU red to step forward and flash their cash and make Britain great again.
22
29/03/2021 10:17:59 8 2
bbc
Do you mean Brexiters like Dyson who decamped to Singapore or Monaco based Jim Ratcliffe, who chose France over the Brexit Britain he promoted in 2016, to build his new electrjc car???
35
29/03/2021 10:31:35 2 2
bbc
We now have more red tape as a result of Bojo's bad Brexit deal.

You can't deny the facts forever.
16
29/03/2021 10:12:49 19 1
bbc
If the government has concerns about the "opaque" nature of Mr Gupta's empire then of course it is right to hold back until they obtain more clarity. They may be able to provide more support during Administration if not.
296
30/03/2021 09:42:03 1 0
bbc
It's a pity the Government doesn't have concerns about the "opaque" nature of their time in charge since 12/2019 especially during COVID!
2
29/03/2021 09:56:03 10 12
bbc
The British government doesn't want to help out British industry.

All that patriotic flag waving is just a smokescreen.
17
29/03/2021 10:12:55 7 5
bbc
Did you read the article? Support the shop floor not the corporate entity. Sounds entirely reasonable. Let's face it, if they'd handed over the cash you'd be on here screaming about the money being off shored.
148
29/03/2021 12:24:09 1 1
bbc
It would have been and why do you think that TORIES have ever been supportive of “the shop floor”?
18
29/03/2021 10:13:28 14 2
bbc
Govt should just buy it for a quid after it goes bust.
21
29/03/2021 10:15:46 19 16
bbc
Yep, that's the plan, then get a crony to run it & pay them millions to do so!??
14
29/03/2021 10:07:54 42 39
bbc
Tory Crony will be able to buy it for a £1 & make a killing!??
19
29/03/2021 10:13:36 11 9
bbc
A killing? If there was a killing to be made, don't you think it would be in the situation it is now? But why let a chance to repeat yourself go to waste.
23
29/03/2021 10:20:58 9 14
bbc
No, they'll buy it for a £1 then shrink it, blame the EU & unions, then sell the sites off to developers for a fat pile of cash! That's the Tory way!??
28
29/03/2021 10:26:07 4 2
bbc
It's probably 'in the situation it is in now' because foreign shareholders are given their returns on their investments regardless of how much money is being made.
33
29/03/2021 10:26:02 9 7
bbc
Ah, but Slim is in the world of 'lefty logic'. I wouldn't bother trying to explain facts to people in that hazy state.
14
29/03/2021 10:07:54 42 39
bbc
Tory Crony will be able to buy it for a £1 & make a killing!??
20
29/03/2021 10:14:21 7 4
bbc
I see you've found out how to use ctrl C / ctrl V.
18
29/03/2021 10:13:28 14 2
bbc
Govt should just buy it for a quid after it goes bust.
21
29/03/2021 10:15:46 19 16
bbc
Yep, that's the plan, then get a crony to run it & pay them millions to do so!??
39
29/03/2021 10:35:53 5 2
bbc
Millions? That's so Dave Cameron.

It's Billions now.
226
29/03/2021 15:39:03 3 3
bbc
Tedious repetitive comment. Moaners always repeat what earlier moaners have said.
15
29/03/2021 10:11:10 4 5
bbc
Time for the rich mouthy business folks who said the UK thrive free of EU red to step forward and flash their cash and make Britain great again.
22
29/03/2021 10:17:59 8 2
bbc
Do you mean Brexiters like Dyson who decamped to Singapore or Monaco based Jim Ratcliffe, who chose France over the Brexit Britain he promoted in 2016, to build his new electrjc car???
180
29/03/2021 13:47:01 0 1
bbc
thats them,the true patriots as they like to be called,they wont touch anything british these days,con men to the core.
19
29/03/2021 10:13:36 11 9
bbc
A killing? If there was a killing to be made, don't you think it would be in the situation it is now? But why let a chance to repeat yourself go to waste.
23
29/03/2021 10:20:58 9 14
bbc
No, they'll buy it for a £1 then shrink it, blame the EU & unions, then sell the sites off to developers for a fat pile of cash! That's the Tory way!??
24
29/03/2021 10:21:00 3 3
bbc
What is the problem? The govt are quite happy to pay out non-repayable furlough money to Saudi millionaires and British millionaires like Ratcliffe. This was only a loan to an Indian billionaire.

There's plenty of money for the rich to spread around. Ask the taxpayer.
7
29/03/2021 10:01:21 56 5
bbc
Britain needs steel, so surely it would be better to produce our own, rather than import so the government should take over the steel plants ,nationalize them for the benefit of the UK.
This would be a start to replacing the "family silver" that sadly has been sold of by previous governments.
25
29/03/2021 10:21:59 37 21
bbc
Yep. We can spend 22 billion on a useless track and trace system, or over 100 billion on an HS2 that will be outdated before it's even built, but using a measly amount of taxpayers' money to actually do something useful with it like nationalising a much needed steel company is too much.

Go figure...
32
29/03/2021 10:24:26 7 9
bbc
More lefty fibs. £22 billion was the amount set aside. Only a small fraction of that has actually been spent.
160
29/03/2021 12:43:24 1 3
bbc
It works out at almost £60,000 per job saved. You think thats measly??
171
29/03/2021 13:11:43 2 4
bbc
Actually it's working very well now and for god's sake it's not the Royal Mail Track and Trace.

It's the NHS Test & Trace !!!!!!!!!!
187
29/03/2021 14:19:37 0 3
bbc
Nationalising a failing industry? If it was your own business and money, you'd close it down before it became bankrupt...
26
29/03/2021 10:23:34 3 3
bbc
What is Gupta up ta? Some of his opaque assets must be liquid. He can fund it himself.
This government will stop at nothing in their tireless quest to convert the UK into a 100% service sector economy.
34
29/03/2021 10:29:09 6 9
bbc
And the current 'opposition' will stop at nothing to make themselves as irrelevant as the LibUndems. The steel company will be saved, but only when the administrators have been called in.
19
29/03/2021 10:13:36 11 9
bbc
A killing? If there was a killing to be made, don't you think it would be in the situation it is now? But why let a chance to repeat yourself go to waste.
28
29/03/2021 10:26:07 4 2
bbc
It's probably 'in the situation it is in now' because foreign shareholders are given their returns on their investments regardless of how much money is being made.
29
29/03/2021 10:26:12 54 5
bbc
Yes, it is better to wait until it enters administration and then taxpayer money can be targeted at the actual steel works and not wasted on some foreign owner who has run the company into the ground.
14
29/03/2021 10:07:54 42 39
bbc
Tory Crony will be able to buy it for a £1 & make a killing!??
30
29/03/2021 10:27:28 11 4
bbc
Three times you’ve made the same comment. You sound like a spambot. Time to move on.
55
29/03/2021 10:52:30 8 13
bbc
You have to ask why do we have to make the same comment to Brexiters multiple times????
11
MVP
29/03/2021 10:05:22 4 6
bbc
The government stepped in to help British Steel in 2010 so why not Liberty?
31
29/03/2021 10:27:35 1 1
bbc
BS went into administration first.
25
29/03/2021 10:21:59 37 21
bbc
Yep. We can spend 22 billion on a useless track and trace system, or over 100 billion on an HS2 that will be outdated before it's even built, but using a measly amount of taxpayers' money to actually do something useful with it like nationalising a much needed steel company is too much.

Go figure...
32
29/03/2021 10:24:26 7 9
bbc
More lefty fibs. £22 billion was the amount set aside. Only a small fraction of that has actually been spent.
41
29/03/2021 10:36:16 7 4
bbc
Actually, 37 billion was set aside.
44
29/03/2021 10:38:22 10 8
bbc
And stop referring to people as lefty fibbers whenever they post something you don't agree with (unless anything to the left of the EDL is lefty liberal to you, in which case carry on).
61
29/03/2021 11:00:57 5 5
bbc
Set aside where? In Hampshire? It has been spent. Waken up and smell the corruption.
293
30/03/2021 09:29:45 0 1
bbc
really? Even the Tory loving full facy site says different (It says £20bn by April 2021) Not a small fraction.
19
29/03/2021 10:13:36 11 9
bbc
A killing? If there was a killing to be made, don't you think it would be in the situation it is now? But why let a chance to repeat yourself go to waste.
33
29/03/2021 10:26:02 9 7
bbc
Ah, but Slim is in the world of 'lefty logic'. I wouldn't bother trying to explain facts to people in that hazy state.
This government will stop at nothing in their tireless quest to convert the UK into a 100% service sector economy.
34
29/03/2021 10:29:09 6 9
bbc
And the current 'opposition' will stop at nothing to make themselves as irrelevant as the LibUndems. The steel company will be saved, but only when the administrators have been called in.
Don't care about Labour or LibDems right now, since they are not in power.
134
29/03/2021 12:14:56 2 1
bbc
Clueless post based on ignorance and dogma.
15
29/03/2021 10:11:10 4 5
bbc
Time for the rich mouthy business folks who said the UK thrive free of EU red to step forward and flash their cash and make Britain great again.
35
29/03/2021 10:31:35 2 2
bbc
We now have more red tape as a result of Bojo's bad Brexit deal.

You can't deny the facts forever.
181
29/03/2021 13:47:27 0 1
bbc
i know,i was being sarcastic.
36
29/03/2021 10:32:22 22 6
bbc
Seriously! , some people on here just run and jump on the Bash the Government bandwagon (and look stupid for it). "What about supporting British Companies etc", "so much for this , so much for that". If you actually read any article on this you will see they will not step in until the administrators have been appointed , which makes sense.
37
29/03/2021 10:34:09 5 3
bbc
What does Dave think? He set this whole mess up and by all accounts was doing very nicely thank you very much.

Politicians and their SPADS, with a couple of senior civil servants thrown in for good measure...thought they were on the gravy train to riches...

And to think we used to be worried about paying for Duck Houses. This bunch of spiv tories have robbed the nation blind.
Labour are no better. Until the stupid British public realise that it doesnt matter what rossette they wear these are all the same people then we are powerless. Try asking people to vote for someone or something new. My mum wouldnt vote Labour because of Milibands suit FFKS, then of course 'anything but conservative is a wasted vote as they always get in here!' These people are allowed a vote? Removed
8
29/03/2021 10:01:24 63 2
bbc
Reading the piece it seems that the govenment will be willing to intervene after the administrators are appointed thus helping the industry rather than throwing money at the current owners to bail them out.

Sounds reasonable although what happens after?
38
29/03/2021 10:34:59 2 1
bbc
You need to read further afield if you want to get yourself up to speed. This article is hiding more than it reveals.
21
29/03/2021 10:15:46 19 16
bbc
Yep, that's the plan, then get a crony to run it & pay them millions to do so!??
39
29/03/2021 10:35:53 5 2
bbc
Millions? That's so Dave Cameron.

It's Billions now.
40
29/03/2021 10:36:00 11 9
bbc
The Evil Tories will bin steel workers just like they binned the miners.

Its just what they do.

They subsidize farmers though... including billionaire "farmers" like James Dyson.

England voted for a hire and fire threat based Tory society. So when workers get fired, its because that's what acceptable to English voters.
83
29/03/2021 11:18:39 4 6
bbc
Didn't Labour close more mines than the Tory's?
85
Ben
29/03/2021 11:19:37 0 4
bbc
The difference is that we want and need steel. Very few want or even need coal.
133
29/03/2021 12:14:33 1 1
bbc
Problem is that Labour did no better - Rover, LDV, ERF, Foden and numerous others allowed to go to the wall under them. How are we to defend ourselves when we cant build a lorry to carry troops to the front line?
194
29/03/2021 14:29:55 0 1
bbc
The tories want to bring coal mining back but everybody who complained when they were closed not is against reopening them . wonder why????
32
29/03/2021 10:24:26 7 9
bbc
More lefty fibs. £22 billion was the amount set aside. Only a small fraction of that has actually been spent.
41
29/03/2021 10:36:16 7 4
bbc
Actually, 37 billion was set aside.
42
29/03/2021 10:36:49 4 3
bbc
We sell off these things to anyone and the come back with their hands out expeting a bailout.
Stop selling our stuff off.
If we need it, strategic industry and all that, then nationalise it. Else, let it go. We don't make anything anyway any more.
54
29/03/2021 10:52:12 4 1
bbc
What? Rolls Royce, JLR, Aston Martin, Ideal Standard, London Brick. Just a few examples. Anyone saying we don't make anything anymore is clearly wrong.
65
29/03/2021 11:04:05 1 1
bbc
I dont care if they nationlise it or bail it otu, nationlise is better to be honest. BUT make NO mistake we NEED to make steel and many other things in the UK. If we dont then we may as well totally scrap ALL our armed forces and just invite Iran or whoever to invade. We are DEFENCELESS without these industries, an army with no tanks, bullets etc. is useless as is a navy or raf.
43
29/03/2021 10:33:51 8 14
bbc
A perfectly sensible decision by the Gov't!!! The tories really are the only party who can be trusted on economic policy!!!
47
29/03/2021 10:43:31 8 7
bbc
Are you new to being a Tory bot? You need to have a veneer of credibility so as not to be laughed at.
48
29/03/2021 10:45:06 8 4
bbc
You mean trusted to wreck the economy to suit their agenda & make a fat pile of cash? Yep, that's the Tory way!??
Awld bollicks.
63
29/03/2021 11:02:29 3 4
bbc
I can only assume that was sarcasm, it it was anything else you also need to get your bumps felt.
32
29/03/2021 10:24:26 7 9
bbc
More lefty fibs. £22 billion was the amount set aside. Only a small fraction of that has actually been spent.
44
29/03/2021 10:38:22 10 8
bbc
And stop referring to people as lefty fibbers whenever they post something you don't agree with (unless anything to the left of the EDL is lefty liberal to you, in which case carry on).
195
29/03/2021 14:32:16 0 2
bbc
Why? Have you seen how the left refer to those who don't toe the line?
34
29/03/2021 10:29:09 6 9
bbc
And the current 'opposition' will stop at nothing to make themselves as irrelevant as the LibUndems. The steel company will be saved, but only when the administrators have been called in.
Don't care about Labour or LibDems right now, since they are not in power.
10
29/03/2021 10:05:01 34 23
bbc
How odd? I thought Brexit meant we would be able to support & protect British jobs?

Seems that's not the case in two major cases so far! Add in the problems for hauliers, fishing, shellfishing, loss of share trading & access to EU Police Data, etc.... Brexit's not what we were promised!

Did Brexiters (including Boris) lie to us as usual????
46
29/03/2021 10:41:41 25 23
bbc
Yes they did. And they should be ashamed of themselves for doing so.

Not only the top charlatans, but the deluded 17.4 million of whom many still to this day delude themselves into thinking Brexit is a great idea, despite the overwhelming evidence to show the contrary.

And no Brexiteers, the vaccine success is NOT a product of Brexit.
53
29/03/2021 10:51:33 11 12
bbc
Let me guess, all bad is Brexit, all good is the EU? Right. Got you. If you could link to the "overwhelming" evidence, that would be helpful.
97
29/03/2021 11:42:53 9 10
bbc
The AZ vaccine may not be a product of Brexit, it certainly ain't a product of the EU!
219
29/03/2021 15:31:16 4 4
bbc
Here we go again: 'If you voted Leave, you are deluded/thick/moronic, all 17.4 million of you. Only Remainers like me have true intelligence as well as moral purity.'

Yes, Brexiteers, the vaccine success IS a direct result of Brexit.
43
29/03/2021 10:33:51 8 14
bbc
A perfectly sensible decision by the Gov't!!! The tories really are the only party who can be trusted on economic policy!!!
47
29/03/2021 10:43:31 8 7
bbc
Are you new to being a Tory bot? You need to have a veneer of credibility so as not to be laughed at.
43
29/03/2021 10:33:51 8 14
bbc
A perfectly sensible decision by the Gov't!!! The tories really are the only party who can be trusted on economic policy!!!
48
29/03/2021 10:45:06 8 4
bbc
You mean trusted to wreck the economy to suit their agenda & make a fat pile of cash? Yep, that's the Tory way!??
43
29/03/2021 10:33:51 8 14
bbc
A perfectly sensible decision by the Gov't!!! The tories really are the only party who can be trusted on economic policy!!!
Awld bollicks.
50
29/03/2021 10:48:38 3 4
bbc
Ok to subsidise farming and fishing though...
60
29/03/2021 11:00:35 3 3
bbc
You can't eat steel!
7
29/03/2021 10:01:21 56 5
bbc
Britain needs steel, so surely it would be better to produce our own, rather than import so the government should take over the steel plants ,nationalize them for the benefit of the UK.
This would be a start to replacing the "family silver" that sadly has been sold of by previous governments.
51
Bob
29/03/2021 10:51:26 6 4
bbc
But there's no point throwing good money after bad.

If there's no net benefit to be had, don't be dishing money.

Too many bailouts also promotes failure.
188
29/03/2021 14:19:54 0 3
bbc
Well said.
52
29/03/2021 10:51:33 7 7
bbc
Interesting that the government can bail out a satellite internet company that very people have a use for, and not a steel company producing essential steel for the UK. So much for levelling up and having a practical industrial policy!
46
29/03/2021 10:41:41 25 23
bbc
Yes they did. And they should be ashamed of themselves for doing so.

Not only the top charlatans, but the deluded 17.4 million of whom many still to this day delude themselves into thinking Brexit is a great idea, despite the overwhelming evidence to show the contrary.

And no Brexiteers, the vaccine success is NOT a product of Brexit.
53
29/03/2021 10:51:33 11 12
bbc
Let me guess, all bad is Brexit, all good is the EU? Right. Got you. If you could link to the "overwhelming" evidence, that would be helpful.
90
29/03/2021 11:28:49 11 6
bbc
Because there are obviously no consequences for removing a 40 year economic entanglement with Europe...

https://www.investopedia.com/news/brexit-winners-and-losers/

There is also the harm it does to UK Science, The Northern Ireland issue, the lack of accountability/responsibility on the UK government etc. You could have easily found this out with a simple 5 second search...
93
29/03/2021 11:35:27 11 9
bbc
You lot also promised that we would "all be better off". Now you push the mantra that "It doesn't look as bad as it seems"... You lied.

This is all because Brexiteers couldn't be bothered to look into the actual consequences of their actions before going to the ballot box... Another reason why you should be ashamed of yourselves. Pure Laziness.
42
29/03/2021 10:36:49 4 3
bbc
We sell off these things to anyone and the come back with their hands out expeting a bailout.
Stop selling our stuff off.
If we need it, strategic industry and all that, then nationalise it. Else, let it go. We don't make anything anyway any more.
54
29/03/2021 10:52:12 4 1
bbc
What? Rolls Royce, JLR, Aston Martin, Ideal Standard, London Brick. Just a few examples. Anyone saying we don't make anything anymore is clearly wrong.
67
29/03/2021 11:04:52 0 1
bbc
RR and Aston Martin nearly hit their respective walls last year.. London Brick? Bricks?Luxury cars and bricks. Is that it? Is that all we've got?
Come on
131
29/03/2021 12:13:28 0 1
bbc
Rolls Royce... well the aeroengine yes, but the car - its a BMW with a plank of wood stuck to the dashboard.
But the truth is that steel is REQUIRED for building ships, tanks, guns etc. so without a steel industry we cant defend ourselves so why do we have no defence but a ministry of defence with a platoon, a couple of sailing boats and a rubber band fighter? Pathetic.
165
Soo
29/03/2021 12:53:43 0 1
bbc
Has JLR been repatriated? Please post a link to these exciting news. Thanks in advance!
30
29/03/2021 10:27:28 11 4
bbc
Three times you’ve made the same comment. You sound like a spambot. Time to move on.
55
29/03/2021 10:52:30 8 13
bbc
You have to ask why do we have to make the same comment to Brexiters multiple times????
56
29/03/2021 10:56:27 3 5
bbc
Tories are promising 65.000 new jobs in Wales and 5% VAT.

Can they do that?
76
29/03/2021 11:15:11 2 2
bbc
Money trees
Cake and eat it
57
29/03/2021 10:56:09 3 1
bbc
Any assistance was more likely to come following an administration process, the sources indicated, to support UK jobs as opposed to the corporate entity that owns it.

unless your the Scottish government who guaranteed Sanjeev Gupta £32 million a year for 25 years
64
29/03/2021 11:02:38 1 1
bbc
What was he getting it for?
73
29/03/2021 11:05:30 0 1
bbc
United Ireland and Independent Scotland E U Nations will be out of this obscene stramash we in England are stuck with it
58
29/03/2021 10:59:55 3 3
bbc
HMG f***s up big time here. FFKS when will they realise that sometimes just sometimes STRATEGICALLY important industries need support because when push comes to shove we NEED these industries. I wonder if they realise yet that it is POINTLESS having a ministry of defence, a government or independence if we cant provide the means to protect ourselves - guns, tanks, uniforms et al.
79
29/03/2021 11:16:33 2 2
bbc
You won't need guns and tanks to fight the next war, just look at what you can do with a Virus! No infrastructure damage but you can cripple a country quite easily.
80
29/03/2021 11:17:06 1 1
bbc
The support when it comes will be for the steel works, not to line the pockets Mr Sanjeev Gupta
59
29/03/2021 11:00:07 8 3
bbc
I this the firm Cameron was supporting as part of his New Model Britain ?
50
29/03/2021 10:48:38 3 4
bbc
Ok to subsidise farming and fishing though...
60
29/03/2021 11:00:35 3 3
bbc
You can't eat steel!
112
29/03/2021 12:03:08 0 1
bbc
But you need steel to eat.
141
29/03/2021 12:17:50 0 1
bbc
Typical ignorant RWA post.
32
29/03/2021 10:24:26 7 9
bbc
More lefty fibs. £22 billion was the amount set aside. Only a small fraction of that has actually been spent.
61
29/03/2021 11:00:57 5 5
bbc
Set aside where? In Hampshire? It has been spent. Waken up and smell the corruption.
52
29/03/2021 10:51:33 7 7
bbc
Interesting that the government can bail out a satellite internet company that very people have a use for, and not a steel company producing essential steel for the UK. So much for levelling up and having a practical industrial policy!
Removed
43
29/03/2021 10:33:51 8 14
bbc
A perfectly sensible decision by the Gov't!!! The tories really are the only party who can be trusted on economic policy!!!
63
29/03/2021 11:02:29 3 4
bbc
I can only assume that was sarcasm, it it was anything else you also need to get your bumps felt.
57
29/03/2021 10:56:09 3 1
bbc
Any assistance was more likely to come following an administration process, the sources indicated, to support UK jobs as opposed to the corporate entity that owns it.

unless your the Scottish government who guaranteed Sanjeev Gupta £32 million a year for 25 years
64
29/03/2021 11:02:38 1 1
bbc
What was he getting it for?
42
29/03/2021 10:36:49 4 3
bbc
We sell off these things to anyone and the come back with their hands out expeting a bailout.
Stop selling our stuff off.
If we need it, strategic industry and all that, then nationalise it. Else, let it go. We don't make anything anyway any more.
65
29/03/2021 11:04:05 1 1
bbc
I dont care if they nationlise it or bail it otu, nationlise is better to be honest. BUT make NO mistake we NEED to make steel and many other things in the UK. If we dont then we may as well totally scrap ALL our armed forces and just invite Iran or whoever to invade. We are DEFENCELESS without these industries, an army with no tanks, bullets etc. is useless as is a navy or raf.
1
29/03/2021 09:55:20 82 5
bbc
The owner of Liberty Steel must go before we bail them out.
He will trouser the money if he remains.
66
29/03/2021 11:04:16 55 12
bbc
Don't worry, if not him someone else will. Buy it for a quid, raid the pension fund sell off individual parts at a vast profit before letting the rest go bust.

It's called doing a Philip Green.
77
29/03/2021 11:15:42 14 15
bbc
It’s called Tory party policy
250
You
29/03/2021 17:36:59 2 2
bbc
You mean doing a Sir Phillip Green....
54
29/03/2021 10:52:12 4 1
bbc
What? Rolls Royce, JLR, Aston Martin, Ideal Standard, London Brick. Just a few examples. Anyone saying we don't make anything anymore is clearly wrong.
67
29/03/2021 11:04:52 0 1
bbc
RR and Aston Martin nearly hit their respective walls last year.. London Brick? Bricks?Luxury cars and bricks. Is that it? Is that all we've got?
Come on
72
29/03/2021 11:12:19 1 1
bbc
Luxury cars for the Tory elite
68
29/03/2021 11:05:14 7 2
bbc
remember when that arch scallywag Bransen wanted £50bill to support his last and only asset Virgin Atlantic. He has a string of over 100 failed enterprises all funded by other peoples money
69
29/03/2021 11:06:35 4 2
bbc
So what DO Liberty steel manufacture that is so strategically important for arms and infrastructure?

If it is significant, then let it fail then support a joint venture of say BAe Systems. Network Rail and others in buying it out of administration for less taxpayer money.
70
RRP
29/03/2021 11:07:21 43 9
bbc
The SNP SG has already provided guarantees of £370 million to Gupta's steel business, which has actually only produced 44 jobs in Fort William! When it goes into receivership, every penny of the £370 million will be lost. Yet another example of SNP SG financial incompetence. Add in Prestwick airport, Bi-Fab, Ferguson Shipbuilders etc, and you get the picture of the economic morons running Scotland
95
29/03/2021 11:41:36 10 7
bbc
If it's alright for Cameron it's all right for nicola. What's Baroness Davidson saying about it? She is very piano. What about Two-Jobs Ross? he mentioned this yet?
284
30/03/2021 06:40:01 0 1
bbc
you have to ask the question why it would appear this country is so inept at business is it worker attitude, union intereference, and why have no union every offered to bail out some of these businesses they are the ones who take andall they ever give back call for strike action
285
30/03/2021 06:42:57 0 1
bbc
why has no one investigated where 370 million gone were the Guptas not embroiled in a scandal with jacoba zuma in south africa any connection
71
29/03/2021 11:10:34 16 3
bbc
Liberty Steel will eventually get government support but only when the current owner is out of the picture ...
67
29/03/2021 11:04:52 0 1
bbc
RR and Aston Martin nearly hit their respective walls last year.. London Brick? Bricks?Luxury cars and bricks. Is that it? Is that all we've got?
Come on
72
29/03/2021 11:12:19 1 1
bbc
Luxury cars for the Tory elite
87
29/03/2021 11:24:30 1 1
bbc
RR make jet engines and turbines. RR cars are not the same and last was owned by VW and now BMW
57
29/03/2021 10:56:09 3 1
bbc
Any assistance was more likely to come following an administration process, the sources indicated, to support UK jobs as opposed to the corporate entity that owns it.

unless your the Scottish government who guaranteed Sanjeev Gupta £32 million a year for 25 years
73
29/03/2021 11:05:30 0 1
bbc
United Ireland and Independent Scotland E U Nations will be out of this obscene stramash we in England are stuck with it
74
29/03/2021 11:06:15 26 2
bbc
A lot of people on here seem to want the government to bail out Mr Sanjeev Gupta instead of waiting until his hands are away from control. As he will take cash to fund his idea of business that has not worked so far Wait until the administrators have control as the government stated
201
29/03/2021 14:43:47 1 5
bbc
But if they supported now, they could come on the HYS on that little issue and scream about Tory CHUMS!
223
29/03/2021 15:35:19 0 4
bbc
One of the few sensible comments on this discussion, which is full of the usual anti-Conservatiive diatribes.
75
29/03/2021 11:14:44 6 3
bbc
A good chance to bring former British owned companies back into British ownership, is that not Tory policy ?
126
29/03/2021 12:08:04 5 3
bbc
It's only Tory "policy" if it's going to make them money!??
56
29/03/2021 10:56:27 3 5
bbc
Tories are promising 65.000 new jobs in Wales and 5% VAT.

Can they do that?
76
29/03/2021 11:15:11 2 2
bbc
Money trees
Cake and eat it
66
29/03/2021 11:04:16 55 12
bbc
Don't worry, if not him someone else will. Buy it for a quid, raid the pension fund sell off individual parts at a vast profit before letting the rest go bust.

It's called doing a Philip Green.
77
29/03/2021 11:15:42 14 15
bbc
It’s called Tory party policy
157
29/03/2021 12:32:04 6 4
bbc
Presumably, if it’s Tory Party policy, they wouldn’t have rejected a loan.
259
29/03/2021 19:41:47 1 2
bbc
Or a labour policy, citation - rover cars.
78
29/03/2021 11:15:43 23 11
bbc
Liberty Steel should offer to make some dodgy PPE or a 'don't track and trace' app. They'd have a couple of billion chucked their way no questions asked then.
58
29/03/2021 10:59:55 3 3
bbc
HMG f***s up big time here. FFKS when will they realise that sometimes just sometimes STRATEGICALLY important industries need support because when push comes to shove we NEED these industries. I wonder if they realise yet that it is POINTLESS having a ministry of defence, a government or independence if we cant provide the means to protect ourselves - guns, tanks, uniforms et al.
79
29/03/2021 11:16:33 2 2
bbc
You won't need guns and tanks to fight the next war, just look at what you can do with a Virus! No infrastructure damage but you can cripple a country quite easily.
58
29/03/2021 10:59:55 3 3
bbc
HMG f***s up big time here. FFKS when will they realise that sometimes just sometimes STRATEGICALLY important industries need support because when push comes to shove we NEED these industries. I wonder if they realise yet that it is POINTLESS having a ministry of defence, a government or independence if we cant provide the means to protect ourselves - guns, tanks, uniforms et al.
80
29/03/2021 11:17:06 1 1
bbc
The support when it comes will be for the steel works, not to line the pockets Mr Sanjeev Gupta
81
29/03/2021 11:17:08 11 7
bbc
So lots of hand outs to Tory mates but not to save the steel industry
82
29/03/2021 11:18:20 26 4
bbc
We won’t need steel when we reach the sunlit uplands, only Speedos
214
29/03/2021 15:26:26 5 11
bbc
The sunlit uplands are on the way, at least compared to the sclerotic EU.
40
29/03/2021 10:36:00 11 9
bbc
The Evil Tories will bin steel workers just like they binned the miners.

Its just what they do.

They subsidize farmers though... including billionaire "farmers" like James Dyson.

England voted for a hire and fire threat based Tory society. So when workers get fired, its because that's what acceptable to English voters.
83
29/03/2021 11:18:39 4 6
bbc
Didn't Labour close more mines than the Tory's?
135
29/03/2021 12:14:56 0 2
bbc
No
138
29/03/2021 12:16:41 0 2
bbc
No
84
29/03/2021 11:19:04 3 2
bbc
It'll end up in Chinese hands.

Making it just that bit harder for us to criticise that particular regime.
40
29/03/2021 10:36:00 11 9
bbc
The Evil Tories will bin steel workers just like they binned the miners.

Its just what they do.

They subsidize farmers though... including billionaire "farmers" like James Dyson.

England voted for a hire and fire threat based Tory society. So when workers get fired, its because that's what acceptable to English voters.
85
Ben
29/03/2021 11:19:37 0 4
bbc
The difference is that we want and need steel. Very few want or even need coal.
86
29/03/2021 11:21:28 8 2
bbc
by giving more money to this guy would be like watching the Bath plug emptying, still this government know how to throw cash away.
102
29/03/2021 11:45:51 7 1
bbc
by giving more money to this guy would be like watching the Bath plug emptying, are you talking about Dido Harding.
72
29/03/2021 11:12:19 1 1
bbc
Luxury cars for the Tory elite
87
29/03/2021 11:24:30 1 1
bbc
RR make jet engines and turbines. RR cars are not the same and last was owned by VW and now BMW
88
29/03/2021 11:26:23 17 5
bbc
Well now: the first case where we will see in the long run how serious this Tory government is about giving state aid - one of the main reasons for coming out of the EU with a fairly hard Brexit. Time will tell, but I wouldn't hold my breath...
220
29/03/2021 15:33:29 6 4
bbc
Who said that state aid was one of the main reasons for leaving the EU? I certainly didn't vote for it because of that.
238
29/03/2021 16:11:44 1 2
bbc
The Govt already refused to help the Centrica workers who were being bullied into signing new "worse" contracts! The Tory Party is all hot air over its promises!??
89
29/03/2021 11:27:55 4 4
bbc
Never mind the pubs will be open soon to boost the economy. I'm sure Johnson will do the right by reclaiming billions wasted on Serco. We might even be able to pay back Sir Tom Moores family back one day. Things are so rosy
53
29/03/2021 10:51:33 11 12
bbc
Let me guess, all bad is Brexit, all good is the EU? Right. Got you. If you could link to the "overwhelming" evidence, that would be helpful.
90
29/03/2021 11:28:49 11 6
bbc
Because there are obviously no consequences for removing a 40 year economic entanglement with Europe...

https://www.investopedia.com/news/brexit-winners-and-losers/

There is also the harm it does to UK Science, The Northern Ireland issue, the lack of accountability/responsibility on the UK government etc. You could have easily found this out with a simple 5 second search...
197
29/03/2021 14:36:17 2 4
bbc
UK Science? astrazeneca? Accountability? Has Parliament been suspended? Or do you mean it's bad when people vote other than in accordance with your belief set?

Easier to slur though for the left isn't it? It's why remain lost.
91
29/03/2021 11:33:06 6 4
bbc
So the Government can prop up the failing retail sector which was becoming extinct before the pandemic, but won't support our few remaining industrials left?
92
29/03/2021 11:34:33 1 5
bbc
I wonder how many now supporting keeping the steelworks objected to the proposed new coking coal mine? Required to make steel...
99
29/03/2021 11:44:28 4 2
bbc
Liberty Steel use arc furnaces don't you know?
53
29/03/2021 10:51:33 11 12
bbc
Let me guess, all bad is Brexit, all good is the EU? Right. Got you. If you could link to the "overwhelming" evidence, that would be helpful.
93
29/03/2021 11:35:27 11 9
bbc
You lot also promised that we would "all be better off". Now you push the mantra that "It doesn't look as bad as it seems"... You lied.

This is all because Brexiteers couldn't be bothered to look into the actual consequences of their actions before going to the ballot box... Another reason why you should be ashamed of yourselves. Pure Laziness.
100
29/03/2021 11:44:56 2 6
bbc
But we're not because of your sanctimony.
198
29/03/2021 14:37:13 2 4
bbc
Where was this "all be better off" promise?

So now, everyone who didn't vote your way is now lazy? And you wonder why you lost?
94
29/03/2021 11:34:28 6 3
bbc
our shallow economy is built on shopping holidays hospitality entertainment we are dependant on londongrad financial services to prop up the economy if it looses passporting rights we have no manufacturing base to fall back on
120
29/03/2021 12:06:16 1 2
bbc
Hmmm, financial services propping up the economy?

Not really. Financial services, being middlemen, by definition do not create any wealth. They take it out in spades, though.
70
RRP
29/03/2021 11:07:21 43 9
bbc
The SNP SG has already provided guarantees of £370 million to Gupta's steel business, which has actually only produced 44 jobs in Fort William! When it goes into receivership, every penny of the £370 million will be lost. Yet another example of SNP SG financial incompetence. Add in Prestwick airport, Bi-Fab, Ferguson Shipbuilders etc, and you get the picture of the economic morons running Scotland
95
29/03/2021 11:41:36 10 7
bbc
If it's alright for Cameron it's all right for nicola. What's Baroness Davidson saying about it? She is very piano. What about Two-Jobs Ross? he mentioned this yet?
189
RRP
29/03/2021 14:21:34 2 3
bbc
Try to educate yourself man.
96
29/03/2021 11:42:21 18 1
bbc
So Mr Gupta, would you like to tell the public just exactly how much of the £170m you asked for would disappear to one of your Swiss Bank accounts or the British Virgins Islands, or wherever?
144
29/03/2021 12:20:17 6 5
bbc
Is there proof he's been doing this?
46
29/03/2021 10:41:41 25 23
bbc
Yes they did. And they should be ashamed of themselves for doing so.

Not only the top charlatans, but the deluded 17.4 million of whom many still to this day delude themselves into thinking Brexit is a great idea, despite the overwhelming evidence to show the contrary.

And no Brexiteers, the vaccine success is NOT a product of Brexit.
97
29/03/2021 11:42:53 9 10
bbc
The AZ vaccine may not be a product of Brexit, it certainly ain't a product of the EU!
106
29/03/2021 11:50:58 11 3
bbc
I never said that it was a product of the EU. But you can't deny that many Brexiteers have been claiming (especially on HYS) that the vaccine rollout was solely because of Brexit, which is not true in the slightest.

Nice strawman argument buddy.
147
29/03/2021 12:23:07 3 1
bbc
It’s a multinational product from a UK-Swedish company.
98
29/03/2021 11:43:57 3 5
bbc
Buy the Liberty out of administration and set up a joint venture of the users to fund and run it.

Open the bloody mine in Cumbria.

Horizontal integration and JOBS for the North, Scotland and Wales...
101
29/03/2021 11:45:25 4 2
bbc
Not sure Liberty uses coke any more.
117
29/03/2021 12:04:31 2 1
bbc
Yeah, and whilst we are at it let's re-open steam railways and coal power plants too!
92
29/03/2021 11:34:33 1 5
bbc
I wonder how many now supporting keeping the steelworks objected to the proposed new coking coal mine? Required to make steel...
99
29/03/2021 11:44:28 4 2
bbc
Liberty Steel use arc furnaces don't you know?
93
29/03/2021 11:35:27 11 9
bbc
You lot also promised that we would "all be better off". Now you push the mantra that "It doesn't look as bad as it seems"... You lied.

This is all because Brexiteers couldn't be bothered to look into the actual consequences of their actions before going to the ballot box... Another reason why you should be ashamed of yourselves. Pure Laziness.
100
29/03/2021 11:44:56 2 6
bbc
But we're not because of your sanctimony.
123
29/03/2021 12:07:08 7 5
bbc
Its on you to show why Brexit is a great idea and why it will be better than what we currently have. Not the other way around.

The burden of proof is on that of the Brexiteers.

If all you have is falsehoods and arguments infested with loopholes that are easily exploitable, then that doesn't make me sanctimonious, but just correct!

All I am pointing out is that you have no valid arguments.