twoleftfeet 12:42 Wed May 22
British Steel.
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Has been declared insolvent so 25,000 jobs at risk.
One of the causes is cheap steel from China.
Why don’t we put tariffs on Chinese steel so that it loses its appeal?
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Replies - Newest Posts First ( Show In Chronological Order)
Queens Fish Bar
10:26 Wed May 22
Re: British Steel.
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Surface
Faridge didn't vote and Cameron stopped the tariffs being out on at the rate the EU wanted to.
The EU does not preclude the UK from bailing out British Steel.
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Eerie Descent
7:38 Wed May 22
Re: British Steel.
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Stick to IT Consultancy, baldy.
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Vexed
7:36 Wed May 22
Re: British Steel.
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Badly managed shambles like most old British firms. But it's ok well be much better off on our own with our badly run firms and a much smaller market.
BREXIT LOGIC
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zebthecat
5:25 Wed May 22
Re: British Steel.
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What they did with Comet was use a company to acquire and run Comet, clear off the debts with a loan (charged at exorbitant rates) secured against Comet's assets and charge vast management fees.
When Comet went bust they got first dibs from the money raised by liquidation and none of the liabilities which is why the government stepped in and had to shell out for redundency payments.
Delightful bunch
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zebthecat
5:09 Wed May 22
Re: British Steel.
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Gaffer58 4:57 Wed May 22
I imagine Greybull got it one way or another.
Fees, consultancy, financial engineering chicanery...
Generally how they operate.
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Gavros
4:59 Wed May 22
Re: British Steel.
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Mike Oxsaw 4:44 Wed May 22
Re: British Steel.
What a surprise, Oxsaw is a fan of AH.
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Gaffer58
4:57 Wed May 22
Re: British Steel.
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For the parts now owned by Greybull the British Steel Pension is no longer an issue, when Greybull bought it , for a penny, they stopped their association with it and began there own pension fund, not a salary defined one, that is just for the South Wales plants as far as a understand. So back to the earlier posts Greybull are not responsible for having to pay into the old pension fund. I just wonder what happened to any profits they made in the last 2/3 years as the rail mill is a profitable area.
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geoffpikey
4:50 Wed May 22
Re: British Steel.
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Judas Priest
Shite 'heavy metal" for idiots
Is that the answer?
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Mike Oxsaw
4:44 Wed May 22
Re: British Steel.
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I suspect that if Hitler had been BRITISH, and had a policy was to beef up the as-then BRITISH Empire, he wouldn't have lost many votes amongst those eligible to put a cross in the box.
He wasn't and he didn't, so that makes him a cunt. That's how it works, isn't it?
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Block
4:35 Wed May 22
Re: British Steel.
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I look like hitler to a degree when I don't shave my tash properly, if that helps, Divros?
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ChillTheKeel
4:35 Wed May 22
Re: British Steel.
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Do you want some PRO-NIGE ammo, Bolty considering you're too dense to think of any?
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Eerie Descent
4:34 Wed May 22
Re: British Steel.
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And who better to judge than you, Gav, as you'd have been side by side with him.
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Gavros
4:33 Wed May 22
Re: British Steel.
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And indeed many on this site, in fact.
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Gavros
4:33 Wed May 22
Re: British Steel.
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I've always said that some alternate version of Bolty would have vigorously cheered on Hitler in the mid 1930s.
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Block
4:31 Wed May 22
Re: British Steel.
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That's a shame, isn't it?
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Darlo Debs
4:30 Wed May 22
Re: British Steel.
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OMG if you wasn't so scarily useful.to the likes of farage ypu'd be hilariously funny.
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Block
4:29 Wed May 22
Re: British Steel.
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I don't need to come back with anything, you make yourselves look like complete cunts by yourself.
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Darlo Debs
4:20 Wed May 22
Re: British Steel.
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best you can do?
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Block
4:16 Wed May 22
Re: British Steel.
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Look at them go!
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Darlo Debs
4:13 Wed May 22
Re: British Steel.
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yrs chill esp given he was telling me to get a job yesterday, note Blick.i don't come on here when i am.actually working
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Darlo Debs
4:10 Wed May 22
Re: British Steel.
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yrs chill esp given he was telling me to get a job yesterday, note Blick.i don't come on here when i am.actually working
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