Tag Archives: tata steel

LibLink: Miriam Gonzáles says free trade has won: adapt or die is the only option left to us

Writing on the Tata steel crisis in the Guardian, Miriam Gonzáles, who is a partner at the global specialist law firm, Dechert LLP, specialising in international trade, writes:

The Tata Steel sale has revived the battle between protectionists and free traders, a debate that became particularly acute in the run-up to the creation of the World Trade Organisation in 1995, which marked the success of “free traders” all around the world.

Posted in LibLink | Also tagged and | 11 Comments

Farron and Williams say UK Government must intervene on steel

Tim Farron and Kirsty Williams have said that the UK Government must intervene to be the lender of last resort for Tata Steel.

The Liberal Democrat leader said that the Westminster Government should be prepared to step in and act as a temporary buyer for the plant if required, and also offer financial support to ensure key staff are retained during any sales process.

Tim Farron said:

The Conservative Government in Westminster has let down Port Talbot, not least because of Sajid Javid’s disgraceful veto of measures at an EU level to stop the dumping of cheap Chinese steel that is destroying the UK steel industry. Their actions have helped escalate this crisis while the Labour Government in Cardiff bay has failed to stand up for steelworkers in their own backyard. It’s now time that both Governments started acting in the best interests of workers at the plant and our steel industry.

The Port Talbot plant is the crucible of the British steel industry. It is a proud beacon of our industrial heritage and part of the reason we are a world leader in manufacturing. Generations of families have worked at the South Wales steelworks which still employs thousands of people and provides work for thousands more in supply industries.

That is why the Government should be prepared to step in as an investor of last resort, to bridge any gap between Tata’s ownership of the plant and a future buyer. Our steel industry is of strategic interest to Wales and the whole of the UK and if temporary nationalisation is needed to protect it then the Government should be prepared to act.

Kirsty WIlliams highlighted the importance of Wales’ steel industry:

Posted in News | Also tagged , and | 22 Comments

Lib Dems call for Welsh Assembly to be reconvened over Port Talbot steel decision

Peter Black, Welsh Liberal Democrat Finance Minister, has e-mailed First Minister Carwyn Jones calling on him to ask the Presiding Officer to reconvene the Assembly over the announcement that Tata Steel is to sell its UK interests including the plant at Port Talbot. 5,500 jobs are at risk in Wales.

The Assembly’s Standing Order 12.3 states:

If no plenary meeting is timetabled for a particular date or time, the Presiding Officer may, at the request of the First Minister, summon the Assembly to consider a matter of urgent public importance.

Peter Black AM said late last night before Tata confirmed their plans:

If true, these reports are truly devastating and our thoughts go out to Tata employees and their families.

This is clearly a matter of urgent public importance and therefore it is inconceivable that the Assembly doesn’t reconvene.

Ministers in both governments need to act fast. Simply holding up their hands and saying they are out of ideas is simply not good enough.

Posted in News | Also tagged and | 6 Comments

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