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Quoted from KingstonMariner

Why's that then LM? What's happened?

Well my daddy come on the 0hio works
When he come home from world war two
Now the yards just scrap and rubble
He said, "Them big boys did what Hitler couldn't do"
These mills they built the tanks and bombs
That won this country's wars
We sent our sons to Korea and Vietnam
Now we're wondering what they were dyin' for

Here in Youngstown
Here in Youngstown
My sweet Jenny, I'm sinkin' down
Here darlin' in Youngstown

From the Monongaleh valley
To the Mesabi iron range
To the coal mines of Appalacchia
The story's always the same
Seven-hundred tons of metal a day
Now sir you tell me the world's changed
Once I made you rich enough
Rich enough to forget my name

https://www.theguardian.com/business/2019/may/21/british-steel-administration-jobs-government-loan

Although I personally don't care if scunny united actually go down the plug hole but, like others on here I have worked on the steelworks ( 40 years) and would not wish the closure, still have mates,colleagues working there. Once again I get the impression senior management, basically Greybull, have screwed over the workforce. Incidentally, how come under EU law, World Trade Organisation rules the government cannot bail them out, but when it came to the banking crisis some 10 years ago the had billions to give?

Quoted from Limerick Mariner

Well my daddy come on the 0hio works
When he come home from world war two
Now the yards just scrap and rubble
He said, "Them big boys did what Hitler couldn't do"
These mills they built the tanks and bombs
That won this country's wars
We sent our sons to Korea and Vietnam
Now we're wondering what they were dyin' for

Here in Youngstown
Here in Youngstown
My sweet Jenny, I'm sinkin' down
Here darlin' in Youngstown

From the Monongaleh valley
To the Mesabi iron range
To the coal mines of Appalacchia
The story's always the same
Seven-hundred tons of metal a day
Now sir you tell me the world's changed
Once I made you rich enough
Rich enough to forget my name

https://www.theguardian.com/business/2019/may/21/british-steel-administration-jobs-government-loan

I didn’t listen to the song yesterday and I didn’t make the connection. Doh!

It’ll be absolutely devastating for Scunny. A real crying shame if it folds all for the want of a few quid (relatively speaking). I think in reality it’s for the lack of political will - the Tories are still dominated by this belief in the free market. It’ll end up costing the country a lot more than £30 million and as someone else pointed out, a way was found to bail out the banks.

I understand that the ‘law’ (though which law wasn’t specified by the minister) prevents state aid that isn’t on commercial terms. Well there’s nothing stopping those terms being a stake in the company - it was fine with Lloyds and RBS.

Quoted from Gaffer58

Although I personally don't care if scunny united actually go down the plug hole but, like others on here I have worked on the steelworks ( 40 years) and would not wish the closure, still have mates,colleagues working there. Once again I get the impression senior management, basically Greybull, have screwed over the workforce. Incidentally, how come under EU law, World Trade Organisation rules the government cannot bail them out, but when it came to the banking crisis some 10 years ago the had billions to give?

Ten years ago it was a Labour government. They didn’t hide behind the EU.

Quoted from KingstonMariner

Well there’s nothing stopping those terms being a stake in the company - it was fine with Lloyds and RBS.

Nothing other than ideology. Strange how countries such as Germany, Italy, France etc etc etc all have heavy manufacturing industries despite the state aid rules, isn't it? Whenever their heavy industry is put under pressure, they always seem to come out of it still operational.

Interesting article about this from a few years ago:

https://www.europeanfutures.ed.ac.uk/article-2847

Quoted from KingstonMariner

I didn’t listen to the song yesterday and I didn’t make the connection. Doh!

It’ll be absolutely devastating for Scunny. A real crying shame if it folds all for the want of a few quid (relatively speaking). I think in reality it’s for the lack of political will - the Tories are still dominated by this belief in the free market. It’ll end up costing the country a lot more than £30 million and as someone else pointed out, a way was found to bail out the banks.

I understand that the ‘law’ (though which law wasn’t specified by the minister) prevents state aid that isn’t on commercial terms. Well there’s nothing stopping those terms being a stake in the company - it was fine with Lloyds and RBS.

Coming from Brigg, British Steel was the biggest employment option for all that didn't go to Uni, and nowhere near as many did in my day. Everyone would know someone who worked there or for one of the contractors they used. If it closed then Scunny would end up like Corby and the whole of North / NE Lincs would feel the impact. But what about the strategic impact and, ref. to the Bruce Springsteen song, the UK military isn't going to be soley about cyberwar is it, presumably it will still need some steel? Or will the military rely on China for its manufacturing requirements? Perhaps that is wrong and steel will soon be history in the UK [url]https://www.ft.com/content/c30caf5a-fb2a-11e5-8f41-df5bda8beb40[/url]...

Quoted from Limerick Mariner

Coming from Brigg, British Steel was the biggest employment option for all that didn't go to Uni, and nowhere near as many did in my day. Everyone would know someone who worked there or for one of the contractors they used. If it closed then Scunny would end up like Corby and the whole of North / NE Lincs would feel the impact. But what about the strategic impact and, ref. to the Bruce Springsteen song, the UK military isn't going to be soley about cyberwar is it, presumably it will still need some steel? Or will the military rely on China for its manufacturing requirements? Perhaps that is wrong and steel will soon be history in the UK [url]https://www.ft.com/content/c30caf5a-fb2a-11e5-8f41-df5bda8beb40[/url]...

Absolutely right. There seems to be no strategic thinking in the government. It’s all about the here and now and the quick buck, and blame the EU for not intervening in industry when other countries manage to do so.

You’re right about it not just affecting Scunny. Not so many do now, but loads of people in GY used to work there. My brother did as recently as 3 years ago.