British Steel - new owner

[wraymond]

Originally Posted by MissMoppet

Really? Is no-one else embarrassed that HMG allows a Chinese outfit to buy about our last steel maker? What have we come to . . .

Just seen your post Dave! Of course it can be seen as embarrassing if only the bare bones are studied. One assumes many and varied precautions have been taken to protect what needs to be but my thought was their interest in the company and the business climate.

As with all business interests it takes a combination of finance, opportunity and, not least, confidence in the market. That last factor illuminates the cobblers that have been rubbishing our country and its prospects on the world stage in recent years. There has been the manufactured smell of decay at many levels but what counts in the real world is pragmatism.

Our historical manufacturing base has been shrinking since 1945 and new adventures, in areas of which we are still world leaders, are breaking out. When nobody wants to come here to further their business we are sunk!