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Re: Here we go again - Port Talbot to axe 1,000 steel jobs
If the steelworks closes then it will destroy Port Talbot. I'll be the first to slag the town off (although I won't let people who have never been there have a go at it for some reason....), I grew up and lived there for 30+ years and it's not the prettiest by any stretch of the imagination but PT without the plant will massively impact what is already an unemployment blackspot. It's estimated 25,000 jobs will go if you also factor in all the companies that rely on the steelworks or have strong business ties to it. Port Talbot has a population of around 35,000.
Re-nationalisation if only temporarily while the place is stabilised long enough to make it viable for a buyer to come along seems the only way forward. The government did it with the banks, why not the steelworks? Ah that's right, PT and the steel industry is too working class.....
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