Re: Could the European Elections herald the end of the EU?
Originally Posted by
swimfeeders
->
Hi
If you look at our FDI, you will see that it is not being invested to our benefit however.
Most of last years went into waste and energy, they are still buying up our infrastructure where they can make loads of profits and take them out of the UK.
The fall in the £ means they can buy up our companies and infrastructure on the cheap.
We have no consensus in Parliament at all, they are far more interested in their own careers than UK PLC.
Our useless bunch were soundly whipped by an aging drunkard, Juncker, we need better Politicians.
I don't think it was juncker who voted brexit.
To see the S****horpe steelworks in action is to witness British manufacturing prowess at its most visually stunning.
Huge slabs of steel, glowing orange with heat, flow seamlessly through the plant, destined to become anything from paperclips to the steel ropes that support the Humber Bridge. Even from a safe distance, the searing 1,000-degree temperature created by this round-the-clock process is uncomfortable to bear.
Within a matter of months, though, this industrial wonder may well have gone cold. British Steel, which owns the site,*collapsed into insolvency*last week less than three years after it*appeared to have been saved*by private equity group Greybull Capital, which bought it for £1 in 2016.
Greybull, which can*expect to face some bruising questions*from MPs about its*patchy record of business “rescues”,
cited Brexit-related factors for the crisis, including a fall-off in orders from overseas.
Foreign customers have turned to rival steelmakers amid persisting uncertainty
about the tariffs that will apply to the UK’s steel exports after Brexit. Orders, said a source close to the company, had simply “dried up”.
The official receiver, the state employee overseeing the company’s insolvency, is now in a race against time to find a buyer before the financial burden of running it becomes intolerable. Otherwise, the flames of one of Britain’s last two blast furnaces are at risk of sputtering out.
https://www.theguardian.com/business...rnment-step-in