Following Post Poll... Britain decided to... Page 1501

  • senso-ji 22 May 2019 10:28:02 9,783 posts
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    British Steel is now going insolvent

    Taking back control and securing British jobs for British workers, eh?
  • JamboWayOh 22 May 2019 10:30:42 14,657 posts
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    senso-ji wrote:
    British Steel is now going insolvent

    Taking back control and securing British jobs for British workers, eh?
    No, no once we leave with no deal we can put all that saved money, that we give to the tyrannical EU, back into the country and resurrect all the old industries like coal mining and Royal Doulton.
  • nickthegun 22 May 2019 10:38:36 78,482 posts
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    To be fair, this (and many other flops) aren't so much due to Brexit as due to the governments complete and utter failure to implement it.

    If she hadn't sent a non-stop procession of morons to negotiate our exit, it would likely be done and dusted by now.
  • Deleted user 22 May 2019 10:40:03
    senso-ji wrote:
    British Steel is now going insolvent

    Taking back control and securing British jobs for British workers, eh?
    The problem is the private equity company which owns british Steel, Greybull Capital is not acting in good faith. They are the same sharks which have presided over the collapse of Comet and Monarch airlines by loading the companies up with debt from their parent companies at massive interest charging fat fees to themselves in the for their "consulting" work. No workable plan can be put in place to save the works whilst Greybull are involved.
  • nickthegun 22 May 2019 10:41:27 78,482 posts
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    Walgreens also did this when they bought Boots. Its disgusting and should be far more regulated than it is.
  • arty 22 May 2019 10:46:08 586 posts
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    It should never have been sold to Tata in the first place. Same with Jaguar.
  • THFourteen 22 May 2019 10:48:16 52,758 posts
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    nickthegun wrote:
    To be fair, this (and many other flops) aren't so much due to Brexit as due to the governments complete and utter failure to implement it.

    If she hadn't sent a non-stop procession of morons to negotiate our exit, it would likely be done and dusted by now.
    https://www.bbc.co.uk/news/business-48365241

    "British Steel's troubles have been linked to a slump in orders from European customers ‎due to uncertainty over the Brexit process."

    BBC agrees.
  • Deleted user 22 May 2019 10:54:18
    arty wrote:
    It should never have been sold to Tata in the first place. Same with Jaguar.
    Its not Tata thats Port Talbot which is ticking along. British Steel is Greybull Capital a U.K based private equity company which specialized in "distressed businesses". They are basically financial vultures which come in and suck the bones of a business until it collapses.

    If you check their wikipedia page every business they have bought becomes insolvent within 18 months.

    In a bitter twist of irony the EU proposed a directive a few years ago to place higher tariffs on Chinese Steel being dumped on the EU steel market. The legislation had broad approval but was vetoed by David Cameron.

    Edited by whatfruitlivesagain at 10:59:33 22-05-2019
  • senso-ji 22 May 2019 11:02:58 9,783 posts
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    arty wrote:
    It should never have been sold to Tata in the first place. Same with Jaguar.
    Greybull bought British Steel from those pesky foreign owners two years ago. And I'm not sure what Jaguar have anything to do with this.
  • Dougs 11 Jun 2019 07:00:03 90,183 posts
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    "The total amount of capital invested in the EU27 surged 43 per cent in the three years to the first quarter of 2019, compared with the preceding three years... This is in sharp contrast to the UK, which†has experienced†a 30 per cent drop in investment." https://t.co/6BkHgnnTsM
  • thelzdking 11 Jun 2019 07:31:17 9,514 posts
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    Project Fear!
  • FWB 11 Jun 2019 07:41:19 56,178 posts
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    Fuck business.
  • Load_2.0 11 Jun 2019 17:27:49 29,742 posts
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    Is Mogg Dead?

    He was everywhere at one point. Couldn't move without seeing his haunting visage, now he seems to have vanished.

    His sister seems to be about which makes me wonder if they are the same person and it's all a bit Norman Bates at Casa de Mogg.
  • Jono62 11 Jun 2019 18:22:51 22,663 posts
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    I think hes contracted Cholera, smallpox and typhus
  • mothercruncher 11 Jun 2019 18:48:44 16,466 posts
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    Heís run out of those bizarrely oversized double breasted suit things and canít be seen in public until heís sourced another one.



    FROM 1956.
  • DarmokJalad 11 Jun 2019 22:22:06 63,703 posts
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    WE HAVE TO GO BACK
  • CrispyXUKTurbo 11 Jun 2019 22:43:15 2,024 posts
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    I went to British steel 10 years ago to supply personal trackers for staff. It was an immense, empty place that clearly wasnít moving with the times.

    Brexit has clearly nailed the coffin here, if our government were pro active there be an opportunity here but theyíre clearly the laziest comfortable bastards weíve ever had - and we the people have allowed it
  • Dougs 12 Jun 2019 08:10:42 90,183 posts
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    Something approaching a coherent set of thoughts from a Conservative party member and leave voter.

    https://twitter.com/SamHooper/status/1138548335441260546?s=19
  • nudistpete 12 Jun 2019 13:57:20 858 posts
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    Angela Leadsome still banging on about "managed no deal". The same old shit that ERG zombies keep pedaling despite being told it's completely off the table by the EU.

    The current crop of potential PM's means we'll probably crash out and the loony brigade will start spouting the old "The EU wanted to blackmail us and failed, we'll revive the Dunkirk spirit!" bollocks.
  • FWB 12 Jun 2019 14:24:30 56,178 posts
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    Most annoying thing about all of this is that I predicted no-deal a couple of years ago, but placed my bet for the end of March. Thought I was at least going to get something out of it.
  • Dougs 12 Jun 2019 16:51:56 90,183 posts
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    Motion to take control of parliamentary business next week defeated. If we leave without a deal, they can have few complaints.
  • senso-ji 12 Jun 2019 16:53:20 9,783 posts
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    Not enough Tory MPs voted for it, even if they were pro-remain. The EU vote scared the shit out of them. They'd rather cling onto their seat than follow their own ethics.
  • disusedgenius 12 Jun 2019 17:01:04 10,029 posts
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    So it was Tory loyalists + DUP + Hoey et al who voted for it?
  • Dougs 12 Jun 2019 17:10:49 90,183 posts
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    Some suggestions that Labour abstentions helped defeat it but guess we'll see when the voting lists come through
  • THFourteen 12 Jun 2019 17:48:51 52,758 posts
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    We are blatantly leaving itís about time people just pulled together and made sure we left in the best way.
  • disusedgenius 12 Jun 2019 17:53:33 10,029 posts
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    THFourteen wrote:
    We are blatantly leaving itís about time people just pulled together and made sure we left in the best way.
    That just resulted in a deposed PM and a leadership contest. At this point it seems like a straight battle between No Deal and Revoke.
  • Dougs 12 Jun 2019 17:57:40 90,183 posts
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    Exactly. And 'the best way' means different things to different people, hence we are in this mess. ERG types don't like the deal as its vassalism. Remainers don't like it because they want to remain. EEA types don't like it as they want a closer relationship. And the parliamentary arithmetic still hasn't changed and why we will surely end up with a general election sooner rather than later.
  • JamboWayOh 12 Jun 2019 20:48:41 14,657 posts
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    THFourteen wrote:
    We are blatantly leaving itís about time people just pulled together and made sure we left in the best way.
    There is no best way to leave frankly. Whatever happens someone is going to feel betrayed or left behind. Thus how you can you get behind something that no one can agree on?
  • THFourteen 12 Jun 2019 20:50:37 52,758 posts
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    disusedgenius wrote:
    THFourteen wrote:
    We are blatantly leaving itís about time people just pulled together and made sure we left in the best way.
    That just resulted in a deposed PM and a leadership contest. At this point it seems like a straight battle between No Deal and Revoke.
    Ousting a PM who will be replaced by a PM happy to accept a No Deal...
  • THFourteen 12 Jun 2019 20:51:03 52,758 posts
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    JamboWayOh wrote:
    THFourteen wrote:
    We are blatantly leaving itís about time people just pulled together and made sure we left in the best way.
    There is no best way to leave frankly. Whatever happens someone is going to feel betrayed or left behind. Thus how you can you get behind something that no one can agree on?
    No deal it is then.
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