| Tata 15:48 - Jan 17 with 37290 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 10:22 - Apr 2 with 2489 views | Darran |
| Tata on 08:53 - Apr 2 by epaul |
Said he's happy to take the redundancy and got something g lined up |
Good luck to him. |  |
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| Tata on 11:19 - Apr 2 with 2413 views | epaul |
| Tata on 10:22 - Apr 2 by Darran |
Good luck to him. |
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| The hair and the beard have gone I am now conforming to society, tis a sad day
The b*stards are coming back though |
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| Tata on 11:54 - Apr 2 with 2392 views | CountyJim |
| Tata on 21:43 - Apr 1 by Lohengrin |
He can still take the lump sum when he leaves the company regardless of whether or not he can draw on the monthly payment. I think that's correct. |
I phoned BS Pension office yesterday I can draw on my pension at 50 at a great lose mind 27 years paid in I would get about 245 quid a month
Basically you take off 5% every year you are from 65 so I lose 75%  |  | | |
| Tata on 13:03 - Apr 2 with 2346 views | max936 |
| Tata on 11:54 - Apr 2 by CountyJim |
I phoned BS Pension office yesterday I can draw on my pension at 50 at a great lose mind 27 years paid in I would get about 245 quid a month
Basically you take off 5% every year you are from 65 so I lose 75% |
Bloody hell Jimbo, anymore news on the future of the works and has PR gone as well? |  |
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| Tata on 14:01 - Apr 2 with 2301 views | pikeypaul |
| Tata on 11:54 - Apr 2 by CountyJim |
I phoned BS Pension office yesterday I can draw on my pension at 50 at a great lose mind 27 years paid in I would get about 245 quid a month
Basically you take off 5% every year you are from 65 so I lose 75% |
So approx a grand a month at 65? |  |
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| Tata on 14:25 - Apr 2 with 2284 views | Dyfnant |
Trostre has been 'over paying' by 30% on what they get from PT, I think they take around 10 - 15% of PT 's output. Imujden in Holland, owned by Tata can supply all Trostre's needs. If PT was nationalised, they immediately lose this customer. There should be 40k people and families across the uk immediately voting to leave Europe in June. May be a case of cutting your nose off regarding financial sector jobs but I can be a spiteful c*nt. One thing for sure, the steel industry is finished in uk if we remain in Europe. |  |
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| Tata on 14:36 - Apr 2 with 2268 views | controversial_jack |
| Tata on 11:54 - Apr 2 by CountyJim |
I phoned BS Pension office yesterday I can draw on my pension at 50 at a great lose mind 27 years paid in I would get about 245 quid a month
Basically you take off 5% every year you are from 65 so I lose 75% |
Plus the tax you will pay |  | | |
| Tata on 14:36 - Apr 2 with 2268 views | max936 |
| Tata on 14:01 - Apr 2 by pikeypaul |
So approx a grand a month at 65? |
And your point is? | |
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| Tata on 15:42 - Apr 2 with 2222 views | Dyfnant |
I'm a deferred member of the British steel pension scheme and the pension scheme news brief I received last week claimed the scheme to be well funded compared to most uk pension schemes. 85% funded I think it said, audited by KMPG. Well funded to the degree that it wouldn't fall under the government scheme if the company folded.
The main worry here should be Tata trying to avoid their liabilities from redundancy payments | |
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| Tata on 21:55 - Apr 2 with 2099 views | Brynmill_Jack |
| Tata on 14:25 - Apr 2 by Dyfnant |
Trostre has been 'over paying' by 30% on what they get from PT, I think they take around 10 - 15% of PT 's output. Imujden in Holland, owned by Tata can supply all Trostre's needs. If PT was nationalised, they immediately lose this customer. There should be 40k people and families across the uk immediately voting to leave Europe in June. May be a case of cutting your nose off regarding financial sector jobs but I can be a spiteful c*nt. One thing for sure, the steel industry is finished in uk if we remain in Europe. |
So if we stay in we'll save the arses of those who dropped this country in the sh*t and got bailed out by the government, so they could victimize the disabled?
In that case "so long, farewell, auf wiedersehn and goodbye " Europa!!!!! |  |
| Each time I go to Bedd - au........................ |
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| Tata on 21:12 - Apr 3 with 1945 views | max936 |
He'd use Electric Arc to make steel out of scrap, but it will be at the expense of most of the heavy end because there'll be no need of the coke and other commodities that are used now, the steel produced will also have less uses than the steel made there now, but anything is better than full closure.
Think there will need to be a large investment in modernising the Hot Mill as well so that it could run on Natural Gas, like Trostre and Llanwern, not really sure though, just going on what I've been told. [Post edited 3 Apr 2016 22:22]
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| Tata on 22:16 - Apr 3 with 1889 views | Dr_Winston |
| Tata on 21:12 - Apr 3 by max936 |
He'd use Electric Arc to make steel out of scrap, but it will be at the expense of most of the heavy end because there'll be no need of the coke and other commodities that are used now, the steel produced will also have less uses than the steel made there now, but anything is better than full closure.
Think there will need to be a large investment in modernising the Hot Mill as well so that it could run on Natural Gas, like Trostre and Llanwern, not really sure though, just going on what I've been told. [Post edited 3 Apr 2016 22:22]
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Heard a while ago that the heavy end was most at risk. |  |
| 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 22:25 - Apr 3 with 1874 views | max936 |
| Tata on 22:16 - Apr 3 by Dr_Winston |
Heard a while ago that the heavy end was most at risk. |
The general opinion is that the Heavy End could go, could be a massive mistake though, as Port Talbot will then be battling for business with Shotton, Trostre and Llanwern then. | |
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| Tata on 07:50 - Apr 4 with 1812 views | owainglyndwr |
| Tata on 22:25 - Apr 3 by max936 |
The general opinion is that the Heavy End could go, could be a massive mistake though, as Port Talbot will then be battling for business with Shotton, Trostre and Llanwern then. |
I think by hock or crock the steel works will be saved.
It is too massive a deal for the government to leave go also leaving the uk vulnerable |  | | |
| Tata on 10:27 - Apr 4 with 1755 views | monmouth |
| Tata on 07:50 - Apr 4 by owainglyndwr |
I think by hock or crock the steel works will be saved.
It is too massive a deal for the government to leave go also leaving the uk vulnerable |
Really?
Have a look at this thoroughly depressing article from Hutton on Government (all colours) behaviour since the early 70s, but particularly the economic zealotry of the asshole Javid. At best it's likely to be a temporary politically expedient sticking plaster.
http://www.theguardian.com/commentisfree/2016/apr/03/tata-steel-industry-sajid-j |  |
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| Tata on 10:46 - Apr 4 with 1729 views | Lohengrin |
"The only solution is to pay workers in the Steel industry a low wage, with no unions to barter their wages up - and arrest those workers who have the nerve to protest for rights - and to ignore environmental policies and keep on polluting because it's cheaper - just like China does!"
The shape of things to come... |  |
| An idea isn't responsible for those who believe in it. |
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| Tata on 10:48 - Apr 4 with 1723 views | monmouth |
| Tata on 10:46 - Apr 4 by Lohengrin |
"The only solution is to pay workers in the Steel industry a low wage, with no unions to barter their wages up - and arrest those workers who have the nerve to protest for rights - and to ignore environmental policies and keep on polluting because it's cheaper - just like China does!"
The shape of things to come... |
They'll work harder with a gun in their backs for a bowl of rice a day. | |
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| Tata on 12:42 - Apr 4 with 1659 views | Private_Partz |
| Tata on 10:48 - Apr 4 by monmouth |
They'll work harder with a gun in their backs for a bowl of rice a day. |
Depressing eh? How about the American 266% surcharge way? Also how about a EU contract clause about workers rights and pay and conditions. If China is mistreating, exploiting or underpaying their workforce then they can do one.
Simplistic I know but we need to look at how other countries protect their industries and adopt best practice. Allowing the free market to run its course just to attract future Chinese investment is folly I would say. |  |
| You have mission in life to hold out your hand,
To help the other guy out,
Help your fellow man.
Stan Ridgway
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| Tata on 13:06 - Apr 4 with 1618 views | Dyfnant |
| Tata on 12:42 - Apr 4 by Private_Partz |
Depressing eh? How about the American 266% surcharge way? Also how about a EU contract clause about workers rights and pay and conditions. If China is mistreating, exploiting or underpaying their workforce then they can do one.
Simplistic I know but we need to look at how other countries protect their industries and adopt best practice. Allowing the free market to run its course just to attract future Chinese investment is folly I would say. |
Especially when we're paying through the nose for it anyway. Governments attempted to kill the uk solar PV industry and offers huge subsidies to the Chinese to finance nuclear for us. Successive governments worried about the next term when they should all agree over long term. | |
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| Tata on 13:12 - Apr 4 with 1610 views | Lohengrin |
| Tata on 12:42 - Apr 4 by Private_Partz |
Depressing eh? How about the American 266% surcharge way? Also how about a EU contract clause about workers rights and pay and conditions. If China is mistreating, exploiting or underpaying their workforce then they can do one.
Simplistic I know but we need to look at how other countries protect their industries and adopt best practice. Allowing the free market to run its course just to attract future Chinese investment is folly I would say. |
To effect meaningful, lasting change a new Movement will have to arise. The Westminster parties remain wedded to "The Market" with Globalisation as an end in itself. That the road toward that end is littered with broken industries and shattered lives seems to matter not a jot. National Parliaments have become reduced to domestic press offices for International Finance.
I'm not saying anything here that everybody doesn't already know . | |
| An idea isn't responsible for those who believe in it. |
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| Tata on 13:30 - Apr 4 with 1592 views | yescomeon |
| Tata on 13:12 - Apr 4 by Lohengrin |
To effect meaningful, lasting change a new Movement will have to arise. The Westminster parties remain wedded to "The Market" with Globalisation as an end in itself. That the road toward that end is littered with broken industries and shattered lives seems to matter not a jot. National Parliaments have become reduced to domestic press offices for International Finance.
I'm not saying anything here that everybody doesn't already know . |
There does seem to be a wave of nationalism reverbarating around Europe at the moment. The reason is no doubt the issue you are highlighting there and the direct and indirect consequences of it. I wonder what will come of it. |  |
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| Tata on 13:43 - Apr 4 with 1578 views | Lohengrin |
| Tata on 13:30 - Apr 4 by yescomeon |
There does seem to be a wave of nationalism reverbarating around Europe at the moment. The reason is no doubt the issue you are highlighting there and the direct and indirect consequences of it. I wonder what will come of it. |
That stirring is the one thing that provides any hope for the future. The challenge is to ensure it develops along healthy, Pan-European lines and doesn't stumble once more into the cul-de-sac of the too narrow Nationalisms of the past. [Post edited 4 Apr 2016 13:44]
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| An idea isn't responsible for those who believe in it. |
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| Tata on 14:25 - Apr 4 with 1527 views | yescomeon |
| Tata on 13:43 - Apr 4 by Lohengrin |
That stirring is the one thing that provides any hope for the future. The challenge is to ensure it develops along healthy, Pan-European lines and doesn't stumble once more into the cul-de-sac of the too narrow Nationalisms of the past. [Post edited 4 Apr 2016 13:44]
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Here's to hoping, the closing statements from the article resonate with me, being said generation:
"The enfeebled Labour party is unable to press the points home and the Tory party remains transfixed by anti-state, laissez-faire nihilism. I mix rage with sadness for the next generation, and the inheritance it has been left." | |
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