British Steel

[foxbat]

I think the notion that Brexit was based on nothing but a pack of lies ,will
indeed, be shown to be correct.

[big fat yorkshire pudding]

Looks like the Chinese are buying then. Has to be preferable to the Turks but somewhat ironic given the effect of Chinese steel dumping.....

Brilliant news for the workers and the area though, investment is the key.

[River Don]

My Dad worked all his life in the steel industry, first at what was then British steel, and later Firth Rixsons in Rotherham. I'm sure the prospect of seeing what's left of British steel sold off to the Chinese means he's spinning in his grave now.

As Wing Commander has described though, the plight of steel making in this country is really a consequence of globalisation. This Chinese outfit is a genuine big industrial business, not some hedge fund and it seems too that there is hope they will keep the blast furnace functional. At least there is a glimmer of hope.

[big fat yorkshire pudding]

https://news.sky.com/story/french-minister-in-threat-to-veto-british-steel-deal-11922448

And then there's another twist, worrying times I'm sure for the workers there and a fair test for the government dealing with external governments.

[selby]

   Just take any moneys required off the EU donation and thank them for the rescue.

[Not Now Kato]

But, but, but a trade deal with the EU will be the easiest ever; weren't we promised?

[Sprotyrover]

https://news.sky.com/story/french-minister-in-threat-to-veto-british-steel-deal-11922448

And then there's another twist, worrying times I'm sure for the workers there and a fair test for the government dealing with external governments.

I hope Javaid told him that he should be more worried about the 40,000 jobs in the French fishing industry which are in jeopardy.

[Glyn_Wigley]

https://news.sky.com/story/french-minister-in-threat-to-veto-british-steel-deal-11922448

And then there's another twist, worrying times I'm sure for the workers there and a fair test for the government dealing with external governments.

I hope Javaid told him that he should be more worried about the 40,000 jobs in the French fishing industry which are in jeopardy.

I would hope Javid would be much more concerned about British fisherman not being able to sell the vast majority of their catch - that they currently sell into EU ports - because of Customs Tariffs and CAP Countervailing Duty being slapped on them. To protect their own fishermen the French might even just stop permission to land them at all.

[Sprotyrover]

https://news.sky.com/story/french-minister-in-threat-to-veto-british-steel-deal-11922448

And then there's another twist, worrying times I'm sure for the workers there and a fair test for the government dealing with external governments.

I hope Javaid told him that he should be more worried about the 40,000 jobs in the French fishing industry which are in jeopardy.

The French will not be landing any fish,65,000 people work in frances fishing industry and 60% of the fish comes from uk waters,hence 40,000 redundant. Our fish is a commodity which they will and shall pay big bucks for,you have also got to take into account,Dutch,Belgian, and German fishing fleets banned from our waters. That is why Fishing rights are the first thing which were recently mentioned by Eu politicians.
I would hope Javid would be much more concerned about British fisherman not being able to sell the vast majority of their catch - that they currently sell into EU ports - because of Customs Tariffs and CAP Countervailing Duty being slapped on them. To protect their own fishermen the French might even just stop permission to land them at all.

[wilts rover]

Somebody is going to be very disappointed here.

The EU have said that Fishing Rights have to be sorted at the same time as Financial Services.

Fishing makes up 0.1% of UK GDP whilst Financial Services are 7%. 43% of FS exports are to the EU with 34% of imports from the EU. 1.1 million UK jobs are directly connected with FS.

Back onto the topic of the sale of British Steel. The French are blocking the sale of their BS plant to a Chinese firm because they believe having a key national industry in foreign ownership is detrimental to their national interest.

The UK government appear to have no such qualms - Johnson and Javid appear to be willing to sell anything to anybody to get some money in.

[Sprotyrover]

Wilts look at the French ,Spanish,Dutch fishing industries they employ vast numbers 65,000 in France Alone 60% of their fish is pirated from U.K. and Irish waters, our fishing industry is pathetically small thanks to the Eu Quota system. Oh by the way The River Class OPV ‘ we’re going to be sold off and replaced with 5 new ones, guess what? we have retained 3 of the Batch 1 ships for Fishery protection.

[BillyStubbsTears]

"Vast numbers" equating to "about 0.2% of the workforce" then, eh Sproty?

[Sprotyrover]

Yes Billy as a proportion of the French fishing industry work force it's vast number,in comparison to the 11,000 people who work in our fishing industry it's vast numbers, in proportion to the 4,500 jobs at Zbritish Steel it's vast numbers....vast numbers of fish eating French people will also be affected.
By the way where's the accompanying evidential graphs you produce to try and prove a point?

[BillyStubbsTears]

Sproty.

It's a fact that 65,000 people is equivalent to about 0.2% if the French workforce. You don't need a graph to present that. Graphs are for more complex groups of data, where you are looking for trends and patterns. This is just a single number. You present that as a number.

The point I'm making and you are determinedly missing is that our entire trading relationship with our biggest trading partner by far, is about to be renegotiated from scratch. We do nearly 60% of our overseas trade with the EU, or with third countries through EU-arranged trade deals.
Every single clause, semi-colon and paragraph break of those agreements are up for re-negotiation. Re-negotiation of agreements underpin those arrangements, and secure many millions of jobs across a swathe of services and industries on both sides of the Channel.

And you obsess about a tiny, niche industry, employing a fraction of a percent of the workforce in the UK and France, as though it was some causus belli.

Staring at the interesting patterns on the bark of one particular tree, while ignoring the entire f**king forest.

[Sprotyrover]

Sproty.

It's a fact that 65,000 people is equivalent to about 0.2% if the French workforce. You don't need a graph to present that. Graphs are for more complex groups of data, where you are looking for trends and patterns. This is just a single number. You present that as a number.

The point I'm making and you are determinedly missing is that our entire trading relationship with our biggest trading partner by far, is about to be renegotiated from scratch. We do nearly 60% of our overseas trade with the EU, or with third countries through EU-arranged trade deals.
Every single clause, semi-colon and paragraph break of those agreements are up for re-negotiation. Re-negotiation of agreements underpin those arrangements, and secure many millions of jobs across a swathe of services and industries on both sides of the Channel.

And you obsess about a tiny, niche industry, employing a fraction of a percent of the workforce in the UK and France, as though it was some causus belli.

Staring at the interesting patterns on the bark of one particular tree, while ignoring the entire f**king forest.

It's not me obscesing about Fishing rights it s Brussels .
https://www.bbc.co.uk/news/business-51319257

[BillyStubbsTears]

Do you actually ever read these links before you post them Sproty?

[DonnyOsmond]

It is ridiculous certain people obsess over something that contributes 0.1%.