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Nationalisation, preservation or managed decline…
…these are the choices facing UK and Welsh governments in the fight to save Welsh steel, writes LUKE FLETCHER MS
WE NEED action on the steel industry, we need it now, and while the UK and Welsh governments are proving too tentative to rock the boat, Tata is capsizing it.
In January, Tata rejected the multi-union Syndex plan, citing concerns about the additional costs and expressing doubts — which haven’t been given the scrutiny they deserve — about the viability of keeping the existing plant operational while constructing new facilities alongside it.
Moreover, despite meetings with various politicians, including shadow business secretary Jonathan Reynolds MP and Wales’s First Minister Vaughan Gething MS, Tata’s position is unchanged.
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As Labour celebrates, the new PM should face immediate pressure to deliver on his steel promises here in Wales — nationalisation and worker ownership must be on the table too, argues LUKE FLETCHER MS
Ownership will be the deciding factor of the Welsh steel industry’s future, and that ownership must reside with the state, and eventually the people, if it is to flourish. We must urgently renationalise steel to this end, writes LUKE FLETCHER MS