‘UK GOVERNMENT SHOULD TAKE A STAKE IN PORT TALBOT’ – SAYS PENARTH AM

Penarth AM and Conservative Leader Andrew R T Davies is calling for the UK Government to take a "temporary stake" in Port Talbot steelworks

Penarth AM and Conservative Leader Andrew R T Davies is calling for the UK Government to take a “temporary stake” in Port Talbot steelworks

Penarth’s Conservative Assembly Member Andrew R T Davies has proposed that the UK Government should take a temporary stake in the Port Talbot Steelworks.

Davies – who represents South Wales Central (which includes Penarth) – said today  “In recent years we have offered significant support to the banking sector because we all recognised its importance to the wider economy. Now we must be prepared to offer similar support to secure the future of our steel industry – even if that means taking a temporary stake in Tata Steel in Port Talbot.”

The Welsh Assembly was due to re-assemble until after May's elections . Now it's being re-convened on Monday

The Welsh Assembly was not due to re-assemble until after May’s elections . Now it’s being re-convened on Monday

Members of the Welsh Assembly are being  called back early from their scheduled Easter break. They hadn’t been due to return to their desks until after May’s Assembly Elections. Now they’ll be back in the building next week and will meet on Monday to discuss the future of the Port Talbot steelworks, where thousands of jobs are at risk.

The owner – the Indian firm  Tata Steel – has announced it wants to sell all its  UK steelworks – including Port Talbot which has been losing £1,000,000 a day. The Indian firm said it would “explore all options”, including “divestment“.

First Minister Carwyn Jones - in charge of a Labour administration which has been in power for 17 years

First Minister Carwyn Jones – in charge of a Labour administration which has been in power for 17 years

First Minister Carwyn Jones has said the Welsh Government will “support any viable option” to ensure the future of the Welsh steel industry.

The Secretary of State for Wales Alun Cairns (Conservative MP for the Vale of Glamorgan) said the position of Port Talbot is a “sensitive matter”, but that “every option” to save the plant is being explored by the UK Government.

UKIPs Leader in Wales Nathan Gill blames the European Union for Port Talbot's plight.

UKIPs Leader in Wales Nathan Gill blames the European Union for Port Talbot’s plight.

UKIP Wales leader Nathan Gill has claimed that the restrictive regulations imposed by the European Union are at the heart of the problem because they prevent a “democratic UK government” from tackling the problem of high energy costs. “Who would buy an industry like this now? …Nobody” – he says .

Labour leader Jeremy Corbyn visited Port Talbot today and the UK Government’s Business Secretary Sajid Javid is flying back from Australia to be in Port Talbot as soon as possible.Javid is already on record as having said “I don’t think that nationalisation is going to be the solution.”

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14 Responses to ‘UK GOVERNMENT SHOULD TAKE A STAKE IN PORT TALBOT’ – SAYS PENARTH AM

  1. Mark Foster says:

    Simple solution. UK foreign aid is about 11.4 billion pounds per year, market cap of TATA steel is about 2.4 billion. Use 1/4 of this years foreign aid to buy TATA steel and save 14,000 of our peoples’ jobs in Port Talbot, Cardiff, Scunthorpe, Teeside, Hartlepool, Wednesbury and Motherwell.

    Remove the management of the sale from Sajid Javid who cannot possibly understand the situation or the cultures and give it to a proper Englishman or Welshman to manage.

    Vote out of office the Tory and Labour parties who cannot solve this problem because they won’t take action like this. We desperately need a Donald Trump.

  2. Christopher David says:

    The Assembly- back in May. What a soft job, it cant be important given the hours they “work” Change is needed. But moving on ask a few questions. Tata make cars. Where have they been buying their steel? Where do they buy it now?
    Why hasn’t the UK government put tariffs on Chinese steel?
    Why didn’t Carwyn Jones and Edwina Hart put together and personally oversee a full time working party a year ago to deal with this. Why were energy costs and business rates not addressed? Is this a massive cock up by the Welsh Government- and assembly? Can this be rescued? and if so what and more importantly who is needed? The WG are not capable. Surely even the most blinkered and diehard politicos here can admit that now and insist on big change. What’s to be done?

  3. AK says:

    It’s losing a million quid a day!

    Not a very effective use of taxpayers money.

  4. Peter Church says:

    Blimey! How are you going to spin this one out Councillor Phil?

  5. Chris Franks says:

    The EU wanted tougher tariffs, UK Government blocked the move. Cheap steel reduces the cost of car manufacturing industry. I wonder what will happen next time we are facing a major war – where will we get the steel in those circumstances?

    • Kevin Mahoney says:

      Well official plaid cymru policy is to curl up under the kitchen table and ignore future wars Chris. No nuclear deterrent, no subs, and a teensy weeny local defence force armed with a couple of clubs to protect us, so no great need for steel required for the plaid defence policy, just a couple of white flags just like the one Gwynfor Evans waved during the last war before retreating down to Carmarthen and his dads tomato farm.

      You also forgot to mention that plaids support of the EU (and Milliband’s) Climate change policies have resulted in not just scores of thousands of pensioners dying each winter unable to afford to heat their homes but the price of energy to run Port Talbot and other large energy consuming plants becoming so astronomical that they struggle to be profitable under any circumstances.

      Thats another policy plaid support isn’t it?

      • Ian Perry says:

        Britain should be proud of having produced some of the greatest minds that have advanced science and humanity. Sir Issac Newton, Joseph Swan, Sir Jonathan Ive, and Stephen Hawking are just some of the very best minds that have contributed to the successes we have enjoyed. A name that should be added to that list is Harry Brearley, who invented stainless Steel.

        Our universities continue to produce great minds, and yet, Lord Nigel Lawson (a Eurosceptic living in France), Nigel Farage, Noel Edmunds and Kevin Mahoney are determined to tarnish the reputation of our scientists, by repeatedly attacking our scientists.

        There is very little doubt that human activity is altering the climate of our planet. This is what British scientists have concluded – as well as German, Dutch, American… It seems odd that some refuse to accept that human activity is changing our climate and that this is likely to result in human conflict and mass migration… However, there is a history of humans denying science, such as those that have refused to accept that the Earth isn’t flat.

        Admittedly, Britain was slow to adopt electricity compared to some of our rivals, and politicians passed bills resulting in high electricity prices. The interests of gas companies came before the opportunity to embrace the new technology – incidentally Britain’s Joseph Swan invented the light bulb.

        I find it incredibly unpatriotic that some, pretending to be patriotic, believe that our scientists are wrong/incompetent.

        UK energy prices could come down. The UK has high energy prices and is lagging behind our competitors, who have cheaper energy prices, in switching to renewable sources… It appears that there is no truth in the claim that renewable energy is the cause of higher energy prices in the UK.

        I wonder if the super-rich, with their money in Panama, and their servants in Westminster and newspapers… I wonder if they have anything to do with the misinformation that some people regurgitate to falsely blame renewable energy, and ever grievance they have on the EU.

        UKIP, and the other organisation that vent their hatred at the poorest on this planet, those fleeing war zones (wars that the super-rich profit from), or perhaps climate change… They never point out the fact that inequality is growing, that the super-rich are ever richer and the poor are getting poorer. The UK borrows money every year. The amount we borrow may be decreasing, but we continue to borrow – from the super-rich.

        Yes, we pay interest tot eh super rich, who own vast amounts of land and other assets that earn them “unearned incomes” – most of it tax free… And they offer us loans, and we pay them interest… Getting ever richer.

        What we need to do is listen to the people of this country with great minds. Our scientists and are great thinkers – and stop listening to journalists paid for by the super-rich to deionise the poorest.

  6. penarthblog says:

    As I understand it and I could be wrong, the TATA facility in the Netherlands is doing relatively well, so what measures have the Dutch government put in place that the Welsh and UK governments could replicate?

    • Paul says:

      Business rate in Netherlands is about £2m and £30m in uk – that’s a good place to start looking

      • penarthblog says:

        If that’s true then as you say, it’s a good place to start plus looking at energy prices and in addition, the UK must support other EU governments in support of increasing tariffs on steel imported from China and elsewhere.

  7. Christopher David says:

    Very Interesting and revealing. Looks like crass incompetence and the main reason Tata are in trouble to this degree. Fact remains though the feckless bay watchers and Cathays park should have acted and set up a full time team to deal with this. Ostriches? or just too dim! Whatever this is a major catastrophe and both sets of government – that’ll be around 1600 of them have failed the steel industry. Wow.

  8. Frank Evans says:

    Steel production in the UK is barking mad. Import iron ore. Import LNG to make electricity. Pay top wages. Pay carbon tax. Pay business rates. And wonder why the steel is too expensive? Earth calling rata earth calling rata. ..

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