| Tata 15:48 - Jan 17 with 36278 views | raynor94 |
Looks like up to 800 job losses to be announced, 600 at Port Talbot, a devastating blow for the area, let's just hope Tata keep the faith and see these rough times through | |
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| Tata on 18:07 - Jan 18 with 2683 views | Groo |
My dad was a crane driver there in the 50's and 60's, its what brought my parents to move to Port Talbot from Gorseinon.
My mum later worked in one of the canteen's for awhile and after my dad's death and my mum remarried my step dad worked there.
Shame to see its death-knell, as people have said the government buying steel from other countries while the British steel works are dying is criminal, but that's the way the british are, whichever cheaper.
Those who are not guilty can throw the first stone, who bought foreign cars instead of British ones, foreign bikes instead of British ones, where are the clothes made etc, if you had a choice of clothes from Britain which cost a few quid more than those made in India? Which do you buy?
Unfortunately its the way of the world, everyone looks out for themselves. | |
| Groo does what Groo does best |
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| Tata on 19:12 - Jan 18 with 2610 views | 3swan |
100% everyone has been and is part of the problem
"Those who are not guilty can throw the first stone, who bought foreign cars instead of British ones, foreign bikes instead of British ones, where are the clothes made etc, if you had a choice of clothes from Britain which cost a few quid more than those made in India? Which do you buy? " | | | |
| Tata on 07:52 - Jan 19 with 2495 views | dailew |
Yet plenty of manufacturing still happens Germany, Switzerland, Austria, Italy.
Isn't Switzerland the world's biggest manufacturer (per capita)?
Germany has one of the world's highest trade surpluses.
Italy 5th or 6th biggest manufacterers in the world.
Never had the benefits of Blactcherism though. Perhaps time to dig Thatch up and send her out there so they too can benefit from here reforms. | |
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| Tata on 09:37 - Jan 19 with 2464 views | lancasterswan |
I looked up some of the production and import/export figures earlier on. Using 2015 production data, Germany France Italy and Spain all produce far more steel than us, and their monthly tonnage has not declined at all. Our production to Nov 2015 had nearly halved from January, presumably with Middlesbrough shutting down. If Port Talbot goes too, we won't really be producing any steel of significance at all yet our EU partners continue on at the same level. How is this possible in the EU ?
Are we being told the full story about economic protectionism in Europe here? Anyone know an AM or MP to ask these questions too? | | | |
| Tata on 09:48 - Jan 19 with 2455 views | dickythorpe |
According to Sky News, China's economy is beginning to shrink.....is that why they flooded the market with their steel?
Is there an element of swings and roundabouts in all of this? | | | |
| Tata on 11:00 - Jan 19 with 2423 views | Dyfnant |
Tata have recently started production in two new steel mills in India. The 'new' furnace in port talbot is breaking output records and any slack can be picked up in Holland where there's a lower cost base. 750 job losses will probably mean the older PT furnace will be mothballed and shift reductions in support units. | |
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| Tata on 11:15 - Jan 19 with 2407 views | raynor94 |
Sadly, if that's the case it will be the beginning of the end of the heavy end, and that will be a disaster | |
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| Tata on 21:37 - Jan 19 with 2294 views | Al_Bundy |
What's happening these days with docks at Port Talbot? it used to be fairly vibrant some 40 years ago, does it still handle shipping traffic of any note now? I noticed a few years back that Margam had shut down their rail hub and maintenance division. I lived opposite the BP site in Baglan in 1978 and the views were quite dramatic with large flames and masses of lights in the front of the house and the Steelworks looking busy and glowing the back of the house. Real shame for the people who have lived with this demise over the years. | | | |
| Tata on 21:40 - Jan 19 with 2302 views | Dr_Winston |
That's the rumour I've heard. | |
| Pain or damage don't end the world. Or despair, or f*cking beatings. The world ends when you're dead. Until then, you got more punishment in store. Stand it like a man... and give some back. |
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| Tata on 21:52 - Jan 19 with 2281 views | Brynmill_Jack |
The London government's usual helpful response is to encourage the jobless to "get on their bikes to find other jobs". it's a f*cking long ride to Bristol though every day. | |
| Each time I go to Bedd - au........................ |
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| Tata on 22:06 - Jan 19 with 2262 views | Highjack |
I agree. The Welsh assembly should be shouting their heads off about this too.
But they aren't. | |
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| Tata on 10:07 - Jan 20 with 2182 views | waynekerr55 |
Why would they? The status quo will be maintained, and the trough keeps getting filled. There is no desire for change as people will not vote the present incumbents out. | |
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| Tata on 10:36 - Jan 20 with 2169 views | raynor94 |
I will certainly be voting to get Carwyn and his cronies out! | |
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| Tata on 10:39 - Jan 20 with 2168 views | waynekerr55 |
Well I hope the rest show the same desire as you, Mr Rayns. | |
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| Tata on 14:24 - Jan 20 with 2105 views | Highjack |
Course they won't. It's Wales. Labour landslide ad nauseum. | |
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| Tata on 14:51 - Jan 20 with 2082 views | londonlisa2001 |
Exactly right.
A short time ago as one example, people on here were praising Aldi at the expense of Tesco - one British, one German. One buys more British brands who in turn manufacture more in UK, and one doesn't. One pays UK taxes (even if not as much as they could do) and one doesn't.
Yet the second that the result of the 'price is king' mentality filters down to our jobs, everyone is up in arms about it.
Terrible for those losing their jobs - most of my family worked in steel. Dread to think what all those families are now going through with the worry of it. | | | |
| Tata on 15:01 - Jan 20 with 2064 views | Highjack |
Tescos is far from British. It's owned by a Norwegian bank and American investment company. | |
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| Tata on 15:10 - Jan 20 with 2058 views | londonlisa2001 |
Um, no it's not. It's a quoted Plc and is part of the FTSE 100. | | | |
| Tata on 15:21 - Jan 20 with 2051 views | Highjack |
Um yes it is. | |
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| Tata on 15:32 - Jan 20 with 2042 views | londonlisa2001 |
It's really not.
It's a Plc - publicly owned and quoted on the London stock exchange.
I think you're getting confused by the fact that they have a couple of 'large' shareholders (they disclose shareholders who own over 5%) one of which is Norges Bank and one of which is Blackrock.
That doesn't mean they are owned by a Norwegian bank and a U.S. Fund - it just means that at the moment those funds own a % of the publicly quoted shares. Those funds themselves are often made up of all sorts of investors (same as Legal and General normally own a large % - that's not them, but the investors they are managing funds on behalf of). Norges are the equivalent of the Bank of England but also hold the investments of the Norwegian state pension - but they only own about 5 or 6% of tesco.
There'll be barely a person in the UK who has a pension funds or insurance funds that doesn't own shares in Tesco from time to time. | | | |
| Tata on 16:48 - Jan 20 with 1996 views | trampie |
Who will you be voting for butt ?, will it be the party that the Red Rhondda Rebel is the leader of ? | |
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| Tata on 17:47 - Jan 20 with 1948 views | Dyfnant |
I bet the employees own a fair percentage between them as well | |
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| Tata on 12:44 - Mar 22 with 1527 views | CountyJim |
Im very worried now im on my Holiday and still not heard if I have a job or not | | | |
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