Why did the steel works go under?

[flyer 10]

too many overpaid people asleep on the job in nationalised industries. down the pits, british leyland.... unions holding the country to ransom making british goods too expensive to buy and resources too expensive to mine. the oil refinery in scotland is another case in point. unions striking for more pay when the cost of the produce is twice the imported cost. dont know why they are keeping it open.

 

Although I agree 100% it was a very local/area thing I always had to work pretty hard in all the Leicester plants dont think the Unions had manage to get their commie grip on all areas along with Sheffield the Clyde was very bad also the Birmingham car works, my brother in law told me he was just incapable of slowing down to suit the union's he just had to leave

[muddycoffee 10]

Why did the steel work go under I get coal runs out but steel works you dont really need to mine steel right? Iv never gotten really why maybe because it is all before my time...I just see now that the north and Sheffield really doesn't produce anything new...

 

Many years ago when I worked in the steel industry, the works made more steel than it used to in the 1960s but there was about 25% of the workers, due to automation.

The management were also interested in "getting all the small businesses on Penistone road" which competed with them shut down.

 

So it is likely that steel making overall has been consolidated into a few very large producers that are highly automated. this is why there are many fewer steel men around today.

[steelman79 10]

Why did the steel work go under I get coal runs out but steel works you dont really need to mine steel right? Iv never gotten really why maybe because it is all before my time...I just see now that the north and Sheffield really doesn't produce anything new...

 

Coal did not and has not run out,there is hundreds of millions of tons left under britain.

[muddycoffee 10]

Coal did not and has not run out,there is hundreds of millions of tons left under britain.

 

But it is increasingly expensive to mine as all the easily reached stuff has already been collected.

[petcharlie 10]

too many overpaid people asleep on the job in nationalised industries. down the pits, british leyland.... unions holding the country to ransom making british goods too expensive to buy and resources too expensive to mine. the oil refinery in scotland is another case in point. unions striking for more pay when the cost of the produce is twice the imported cost. dont know why they are keeping it open.

 

And by the way politicians,bankers,and the royals dont have to strike or take action to get their inflation busting pay rises or gigantic bonuses .I wonder what union they are in?

[flyer 10]

And by the way politicians,bankers,and the royals dont have to strike or take action to get their inflation busting pay rises or gigantic bonuses .I wonder what union they are in?

 

You're dead right greed knows no status from the unions to the very top, its all about me with no thought to the big picture, I wonder whats going to happen when China has all the money shared with a very few of their rich friends and all common men will not be able to buy their goods:mad::rant:

[hillsbro 32]

Sheffield still produces lots of steel. It's concentrates on specialist steel parts, like components for the aerospace industry rather than mass produced steel...

Exactly - as explained in a Wikipedia article, Sheffield "currently produces more steel per year by value than at any other time in its history" (my italics).

[petcharlie 10]

You're dead right greed knows no status from the unions to the very top, its all about me with no thought to the big picture, I wonder whats going to happen when China has all the money shared with a very few of their rich friends and all common men will not be able to buy their goods:mad::rant:

 

They will have to open some food banks

[flyer 10]

They will have to open some food banks

 

Now that sounds good we've been sending to China for 200 years I'm sure they will be sending a little back, BUT please no food just dont trust their food supply:gag:

[chem1st 10]

Nobody polishes a rented car, or remodels a government flat.

 

It depends how long they rent the car for. Many people now effectively rent their cars, and they do polish them, but if you were to rent one for a day or a week, there would be no point.

 

People do remodel government flats all the time, some even remodel private ones, but not as often as they do government ones.

 

The issue is to do with security of tenure, and the length of tenure.

 

And whilst one may be more inclined to invest in property he 'owns outright' (owns the freehold tenancy).

 

People are very inclined to invest in property with a secure tenancy.

 

But in the private market where one has just some 6 months security of tenure, there is little incentive to invest. There is little point in even getting involved in the community.

[flyer 10]

It depends how long they rent the car for. Many people now effectively rent their cars, and they do polish them, but if you were to rent one for a day or a week, there would be no point.

 

People do remodel government flats all the time, some even remodel private ones, but not as often as they do government ones.

 

The issue is to do with security of tenure, and the length of tenure.

 

And whilst one may be more inclined to invest in property he 'owns outright' (owns the freehold tenancy).

 

People are very inclined to invest in property with a secure tenancy.

 

But in the private market where one has just some 6 months security of tenure, there is little incentive to invest. There is little point in even getting involved in the community.

My mother owned 4 row houses that was gave to her( inheritance ) now this was in the days of rent control and tenants had them for life my mother tried to give to them for FREE she was refused because with the very low rent they could get all their upkeep and repairs at no cost to them, The world as now turned

[trastrick 866]

....But in the private market where one has just some 6 months security of tenure, there is little incentive to invest. There is little point in even getting involved in the community.

 

I think you made my point.

 

With one political party committed to nationalization, and re-nationalization, the "tenure" of private business in steel, transport, coal and rail, could only be certain up to the next election.

 

When your asset can so easily be taken from you, who's going to invest in infrastructure for the long term?