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Port Talbot Steelworks - Is it time for public ownership? (nation.cymru)

submitted 6 months ago by Navarian@lemm.ee to c/wales@lemm.ee

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The fate of the Port Talbot steelworks hangs in the balance.

Once regarded as a cornerstone and a beacon of the UK’s industrial prowess, Tata Steel’s ownership now raises serious concerns about the future of the workforce, the environment, and the UK economy.

The recent developments paint a grim picture of muddled thinking: is it really feasible that a UK government investment of £500 million could spell the loss of two-thirds of the workforce, relinquishment of the UK’s sovereign capability in steel production, and a mere transfer of carbon emissions overseas rather than the promised overall reduction.

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