It is devastating to hear the news that the Corus plant in Redcar is going to be ‘mothballed’, perhaps signalling the death knell to the area’s steel industry and highlighting what a sorry state the economy, and industry in general, is in in this country.
A Labour Government has overseen a far greater decline of industry than there was under Margaret Thatcher. Isn’t that a grim indictment of this dreadful Brownite government?
The Corus crisis has been going on for some time now. The British Steel works, at their peak, employed tens of thousands of people. Now the last 1,700 have been given their marching orders, as owner Tata has decided to close the plant, complaining about the failure of the consortium to come to a solution.
Declining demand is only part of the problem. We have a Government that is more interested in keeping its pals in the City of London banks happy by having uncompetitive exchange rates that’s good for speculators and those who dabble in foreign exchanges, derivatives, and so on.
The London fat cat has got fatter at the expense of the worker in places like Redcar and elsewhere.
There are 1,700 workers, and many families with their kids facing a bleak future this Christmas thanks to this dreadful news.
It’s not just the jobs, it’s the symbolism of the closure of the steelworks, that has cast a further shadow over a once great industrial area.
People lining their pockets elsewhere have colluded in the dire state of our economy that’s led to this situation. We need a mindset change from government in terms of how it handles industry.
After all, if we don’t make anything that adds any value, and keeps decent working people in jobs, and all we do is shuffle money around the world and get paid commission and bonuses (and many of those involved in that profession are far from decent, we must admit), then what as a country are we for?
It’s no use saying “oh, let them take benefits”. Jobs and economic renewal is what places like Teesside and other parts of the North, and of the Midlands, need.
This Government, despite being Labour and formed for the people, isn’t going to deliver that; all they will deliver is more expenses wheezes and other ways of making as much money for themselves as possible.
It’s an absolute disgrace.
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