Remember the Industrial revolution this is happening again. Diversify or you will disappear. This applies to all businesses TEOTFW Hard To Be Around Shirt large or small. Our manufacturing base was dismantled in the 1980s by the Thatcher governments, in favor of the service sector, banks, insurance companies, etc. With the collapse of manufacturing apprentices were not trained, no apprentices meant no skilled workers and those of us that are left are now approaching retirement. Working on the basis that I was apprenticed for five years, if we start training now it’ll be the late 2020s before we see any benefit.
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This country voted for governments that promised short term gain over long term security, how many of you out there are still TEOTFW Hard To Be Around Shirt holding shares in the utilities that were sold off? If you need to blame someone for the state of our country maybe we should all look in the mirror rather than blame foreigners. Max. Anything over 300k over 3 years has to be decided by the EU Commission. At the moment the commission feels The EU produces too many steals so do you think they will agree to allow state aid? Asking a foreign body if we can help our own. We never lost control apparently.
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British Steel had been running at a profit. However, there has been a slump in orders due to political uncertainties. The UK is currently in a limbo state, and no one is willing to risk making an order that takes time to fill, to potentially lose money themselves if things go awry. Major aid would require the agreement of the EU commission but it can allow aid to remedy serious economic disturbances. Also worth noting that WTO rules prohibit subsidies when they are directed to the distortion of international trade.
Mathew also remembers that many countries around the world are developing and are relying less on Western final products. Basically TEOTFW Hard To Be Around Shirt Western countries are collapsing and are starting to have a fair share of the economic problems of this world. Why do you think America goes around the world bombing other nations and crippling their economies? They do so to preserve the Western economic status. The more the world develops the more the West stands to lose out on the global market competition.