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April 20 2024 12.16am

Tory Steel nationalisaition

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View Stuk's Profile Stuk Flag Top half 04 Apr 16 1.46pm Send a Private Message to Stuk Add Stuk as a friend

Originally posted by stateside

The Gov could help the BRITISH steel industry by just charging 5% VAT oe 0 rated on all they make for the next 2 years, that would be better than putting import charges on China steel which would lead to other trade Friction.
The Gov would loose money by reducing the VAT but some is better than None which would happen if it all closed down.+ paying all the dole money etc.
Quick easy and could be put in place tomorrow. Help like that would make Tarta think the Gov is behind them .When If all our steel has gone China prices will rise through the roof.

Not allowed to be done under EU rules. At all, a total non-starter.

 


Optimistic as ever

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View Stuk's Profile Stuk Flag Top half 08 Apr 16 12.02pm Send a Private Message to Stuk Add Stuk as a friend

So Tata raped the f*** out of it by selling off carbon emission permits.

[Link]

Another blinding EU scheme that one. They're estimated to have walked away with between £700m & £1.4bn for allowing other companies to pollute more than they should.

 


Optimistic as ever

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