Humour me here please people, I’ve skimmed this thread and it seems there’s no easy option.
What would happen if the government bought out PT (and possibly the rest of the steel making industry) as a supplier for capital projects such as road/rail/defence etc? They could supply steel for government contracts with the necessary adjustments in the contract price to reflect the fact that they’d be getting the steel free.
If Tata are losing a million a day, has anyone worked out how much would we be spending on supporting people by paying them benefits and supporting them with the problems that long term deprivation results in? If it comes out at around 365 million a year then it would be worth propping up PT.
Living in a part of the prosperous south in my luxury mansion sipping champagne with gold flakes in it and eating unicorn steaks (I **** wish!) I’ve seen what closing a big plant can do to the area surrounding it as Ford’s Dagenham plant, and the surrounding satellite plants, are now a shadow of what they formerly were, even in my lifetime. At least here though people have some other options to move into, what it will do to a place like PT where the whole area depends on the plant for its economic existence doesn’t bear thinking about. Some of the inlaws live in Scunny as well so they could be next.