Jeremy Corbyn Elected

No, I don't think it was sold to Tata in 1999. I thought I said in a previous post that it amalgamated with another company in 1999 ahd becane Corus.
It was sold to TATA in, I think, 2007.

www.tatasteeleurope.com/en/about-us/heritage

Hope that helps

There are some EU restrictions on governments subsidising industry. It's to do with equal competition across the EU, but there are ways around the restrictions. Usually the government will go into partnership with the company and they set up as a separate entity. The agricultural arm of Renault in France was one of the first companies to get government support this way back in the 90s IIRC.

The difference in the UK these days is the government only wants to enter into these partnerships if the organisation/company can become self funding. Defeats the original intention of the practice, but it's given the government an opportunity to reduces the number of Civil Servants by a different means of privatisation.

Jane, the quote at 19.41 shows it's nothing to do with the EU.

No it isn't. What happens if SSI close the steelworks on Teesside? Those on Teesside lose their jobs. They will not move them to Thailand to work. No extra steel will be made in Thailand because of this closure. It will just be a loss of 2000 jobs.

Perhaps you can enlighten me about how I should have interpreted your statement.
Lots of people say I interpret what they say wrongly, so many I feel quite ganged up on. However, I have yet to have anyone tell me what they really meant in words that someone as simple as I obviously am can understand.

Wrong interpretation of what I said, dj. Nothing new there then

Okay, bags, lets forget about it. It's only Teesside after all. Just 2000 more jobless.

1999, bags. Sold to Tata.

People need jobs in Thailand too.

" WE all know the steel industry is very up and down price wise, but there are certain things that can be done to support SSI on Teesside when prices dip by 40 per cent (Echo, Aug 21).

The Government can look at reducing the very high energy costs which are big outlay in steel production. Then Redcar and Cleveland Council can give SSI a business rate reduction, as happened a couple of years ago which was tantamount to £19m loan.

It appears the steel staff are pulling out all the stops with the Redcar plants breaking production records just recently.

George Dunning, former Teesside Steel worker and Steel Union Branch and Joint Shop Stewards Secretary, Middlesbrough "

British

You said there is no Ritish Steel any more, dj. My comment was because I was wondering for how long there had been no British Steel which I don't think you did say.

Jane, Tata sold to SSI, a Thai company.

rosesarered, how kind to point out my error of an extra 0

omg
Will we get extradited to the US if we don't pay a parking fine?

(sorry, no laughing matter I know)

It's actually the Indian company Tata which took over Corus which used to be British Steel Jen.

It doesn't alter the fact that our government is bound by EU rules when it comes to subsidies.

That's what I said, bags. There is no British Steel anymore. But there are steel workers. The plant that is closing is the second largest in Europe.

Anyway, apart from steel and nuclear power, this is something else that the government wants to sell, this time to the US.

weownit.org.uk/blog/privatisation-threat-justice

This is the company that collects all fines and debts, and actually makes more money for the government than it costs, so why do they want to sell it?

Note that Jeremy Corbyn has signed the EDM.
Has your MP?

It became Corus in about 1999, through a merger with another company thatbags
A friend of ours was made redundant then

Didn't British Steel go down the spout ages ago? I seem to remember there being talk of of wasteful practices when I was working for a company in Sheffield that did jobs for BS back in the late seventies.

France no longer commissions that type of reactor either, but I don't know when it stopped. It could well be after the commissioning process began. Either way we're not getting current technology.

Can't believe we're partnering China.

Those silly young people are our grandchildren, jingl. The next election three of mine will be old enough to vote.

Jane, there is no British Steel company anymore. It is owned by a Thai company. It's British workers who will lose their jobs.

A letter in the i today mentioned the fact that in April it was reported that the steel vessel produced for a flagship new French reactor has serious design and construction flaws. This is the same design intended for Hinkley C. The US government has said it will not commission such reactors; but our government will, and we will have to subsidise it if anything goes wrong.

"Whether SSI will sell off parts of the complex or parcels of land at the site??s holdings is unclear ?? and the prospect of finding buyers is far from certain. Tata??s attempts to sell its Scunthorpe-based business making rails and plates collapsed this summer when a suitor walked away, criticising ministers?? failure to tackle high energy costs and Chinese imports."

It looks like agreements with China are more important than saving jobs in the UK. I wonder why.

Yes. Probably only because of those silly young people who joined the Labour party just to get a vote. He doesn't seem to be approved of by many of his MPs.

This is the breakdown of the votes

Mind you, I seem to remember it being reported that he got a good majority so perhaps that doesn't matter.

Has anyone added up the votes the other leadership candidates got? Just out of interest.

300,000 not 3000,000 surely?
They are some of the public, a minority.