Remarkable to write those words. My grandfather was the Company Secretary of its predecessor, United Steel. he's spinning in his grave.
I think this will, oddly, be something May's government is remembered for, in a similar way to the Major government's final mine closures and abandonment of creaking north sea oil platforms.
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you know British steel was formed in 2016 and has nothing to do with the previous British Steel?
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Top name for an album though.
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Surely something will be rescued out of it - if only the network rail track gig
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lawyers, all the way back
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No I didn;t know that and haven't really followed any of it, Guy, until that headline made me think shit.
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clubbers he was an accountant
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all the best people.
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Yes, got the call from a family member who works there this morning. The sad irony is that many of them who worked there voted remain. They're not stupid. However, the rest of North Lincolnshire is farming and fook all else. No one wins. God only knows what'll happen to Saunthorpe now. A big Amazon distribution centre if they're lucky.
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Feels like something that shouldn't be allowed to happen? Can't say I know much about this so maybe there's alternatives, but I'd assume retaining the ability to produce steel domestically is a fundamental national security consideration.
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You'd think there will have to be some sort of state bailout of parts of it at least even if no doubt they'll do everything possible to avoid the actual word "nationalisation".
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it is yet another canvas for the two polarised parties to paint their pictures of the importance of the free market and the value of socialist ideals and the State, respectively
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Was gonna say British Steel is just using the name but see this has been covered.
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I see now that the assets of the previous business were acquired by Greybull for £1.
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Mutters did you think about looking up the skeleton facts of a story before posting an impassioned summary of why your ancestors' mortal remains have been sparked into movement, so grave is the offence the story demonstrates?
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Errr it stems directly from British Steel plc, which became Corus, which became Tata Steel, whose long products division became British Steel Limited.
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Errr it stems directly from British Steel plc, which became Corus, which became Tata Steel, whose long products division became British Steel Limited.
I accept the phrase "nothing to do with" was a bit strong, but you seem to have a fundamental misunderstanding of the word "directly".
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Mr Partridge, go easy. I think he'd still be very spinny in his grave m8.
As far as I can work it out, the Saunthorpe business of rail manufacture is indeed a former asset of the company that my grandpa worked in.
He finished his career as Managing Director for the very Sir Humphrey-esque department of "Business Administration" or something like that, which included the CoSec role, for British Steel after joining United Steel (which was then nationalised in 1967 under the Iron and Steel Act).
In the early 80s the Thatcher govt started the closures programme. By the 1990s long after his retirement and death, in 1999, British Steel & Koninklijke Hoogovens merged to form Corus.
Tata Steel acquired Corus in 2007 for £13bn. Corus then sold the division which operates out of Saunthorpe, Teesside, Tyne & Wear and various continental European sites (legacy Hoogovens) to Greybull. Greybull named that division of their business "British Steel Ltd".
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All of my mum’s family worked for British Steel in Yorkshire - and not in the city-esque sense of Mutters.
Mixed thoughts when then one of the first roles I ever had (first seat trainee) was working on the SoA that made Corus.
Sad, if fairly inevitable, times.
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Arbiter - they lived in Sheffield.
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1. Greybull have history of buying assets and then failing (got lots of Govt money too)
2. BS was supposedly returned to profits last year.
3. See (1) above
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Mutters - I was meaning more in the sense of not on the factory floor rather than geographically.
I hadn’t realised though (no family there any longer) that Stocksbridge is still running and allegedly profitable.
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Yes, yes I'm sure it is perfectly reasonable blame Brexit for this. And if it wasn't for Thatcher I'm sure we'd still have a thriving coal industry as well.
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They may have lived in Sheffield, but were they living after midnight?
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Alien
I merely referenced The Big Thatch as a historical landmark in the narrative, not judging one way or another.
As with many things, if Brexit uncertainty and its impact on the order book does play a part (I don't know for sure) then it is only a part. Impact to the point of receivership suggests pre-existing vulnerability.
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I clicked on the Times Online article and had the misfortune to look at the reader comments. God help us if this is what we've come to on the Brexit debate.
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