14 July 2016 Week in Brief: Business and the City TATA REVIEWS DATA: In an abrupt and unexpected reversal of intent, Tata Steel have announced that they now do not intend to sell the Port Talbot steelworks in South Wales, which they announced earlier this year. The sale of the Scunthorpe plant which makes rail… Continue reading Issue 62:2016 07 14:Week in Brief (Financial)
Tag: Port Talbot
Issue 49: 2016 04 14: Week in Brief Financial
14 April 2016 Week In Brief: BUSINESS AND THE CITY SCUNTHORPE REVISITED: Whilst Mr Cameron continues to struggle with the fascinating subject (to some) of his wealth and how he acquired it, the heat has been off his Trade and Industry Minister, Sajid David, who has used the opportunity to quietly regroup. He has confirmed… Continue reading Issue 49: 2016 04 14: Week in Brief Financial
Issue 49: 2016 04 14: Week in Brief: UK
14 April 2016 Week in Brief: UK EU REFERENDUM: Among this week’s points: Brexit campaigners are angry that the government is spending £9.2 million pounds on a pro EU leaflet to be delivered to 27,000,000 homes. Although the government claims that the leaflet merely responds to poll indications that the public want further information, the… Continue reading Issue 49: 2016 04 14: Week in Brief: UK
Issue 48: 2016 04 07:Week in Brief: Financial
07 April 2016 Week In Brief: BUSINESS AND THE CITY NOT A BLAST: The fall-out from Tata’s announcement that it will close its steel business in the UK if it cannot find a buyer continues to have major political and economic ramifications. These include China’s announcement of increased tariffs on the type of steel which… Continue reading Issue 48: 2016 04 07:Week in Brief: Financial
Issue 47: 2016 03 31: Week in Brief Financial
31 March 2016 Week in Brief: Business and the City GRIM NEWS FOR THE VALLEYS: 2015 was a terrible year for the British steel manufacturing industry. Battered by cheap Chinese and Indian imported steel, many UK plants making non-speciality steel gave up the struggle and closed down, with thousands of job losses. Now… Continue reading Issue 47: 2016 03 31: Week in Brief Financial
Issue 37: 2016 01 21:Week in Brief Financial
21 January 2016 Week in Brief:BUSINESS AND THE CITY STEEL DECLINES: Further bad news in the steel industry as Tata Steel announced a further 25%% permanent cut in its UK steel making capacity, taking its forecast production down to 3.5 million tonnes. The cuts this time are at its two major South Wales plants where… Continue reading Issue 37: 2016 01 21:Week in Brief Financial