Who killed industrial Britain?

Who killed industrial Britain?

This article was originally published as an edition of the Green Transition, our weekly newsletter on the economics of net zero. To see more editions and subscribe, click here. When he was Prime Minister, Boris Johnson caused a minor stir (no pun intended) by suggesting that Margaret Thatcher should be commended for having given Britain a head start on net zero by closing down the coal mines. It was a characteristically flippant, tongue-in-cheek…

Britain: nationalising the losses – Labour’s emergency rescue for British Steel

Over the weekend, the Labour government passed emergency legislation to take control of steel – in particular Scunthorpe’s steelworks. While the union leaders breathe a sigh of relief, we say: No trust in Starmer! Expropriate all the parasites!

The British factory Scunthorpe Steelworks has weathered a host of economic upheavals since it was founded by investors in the Victorian era. It was nationalized after World War II, privatized again during the years of Prime Minister Margaret Thatcher and bought by a Chinese corporation in 2020. It is still standing, the last steel producer in Britain, writes The Washington Post.

An inexemis intervention by the British government allowed enough raw materials to be delivered to safeguard the country's last steelworks, and to further delay the end of an era.

Scunthorpe needs private investment more than state support

We’ve heard a lot about nationalising British Steel but a lot less about how to unlock the growth and private investment that can help towns like Scunthorpe stand on their own two feet, says Emma Revell The first broadcast interview I ever did was about steel. It was 2019, Jeremy Corbyn and John McDonnell were setting out their plans for the renationalisation of a raft of sectors, including steel, and ITV Yorkshire wanted someone to make the arg…

The British Steel furnaces, the UK's last producer of the so-called "virgin steel", are running out of fuel.And keeping the flame alive – literally and metaphorically – is becoming a real challenge for the premier Keir Starmer in the midst of a convulsive geopolitical scenario, where the tariff war and the end of neoliberalism now mark the guidelines of the new world order.It is never a good time to feud with China.