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cross-posted from: https://feddit.uk/post/27168720

The company says the new site is expected to create 28,000 jobs and generate £50bn for the economy.

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[-] Emperor@feddit.uk 4 points 1 week ago

Chancellor Rachel Reeves said the government had agreed with Universal that British steel would be used "where possible" on the project.

"That's the case with HS2, with Heathrow, and with this private investment here in Bedfordshire," she said.

And yet they won't endorse Buy British.

[-] Hossenfeffer@feddit.uk 13 points 1 week ago* (last edited 1 week ago)

"How much British steel was used in the end?"
"Approximately or absolutely?”
“Approximately.”
“Approximately none."
“And absolutely?”
“Also none.”
"But didn't you agree to use British steel where possible."
"Oh, yes indeed. And we did. Where possible. As agreed."
"But why didn't you use more?"
"It wasn't possible, I'd like to be clear on that point."
"Why wasn't it possible?"
"Chinese steel was cheaper."

[-] ohulancutash@feddit.uk 0 points 1 week ago* (last edited 1 week ago)

British Steel got itself into a mess. It decided not to invest in the equipment needed to make high-quality steel, so we get that from the Dutch. That leaves mid-grade steel but the Chinese happily crank that out by the shipload at a lower price.

So you buy British if you don’t need quality, and you aren’t buying in quantity. And they wonder why they’re going under.

[-] HumanPenguin@feddit.uk 3 points 1 week ago* (last edited 1 week ago)

And yet they won’t endorse Buy British.

The issue with buy British is, it equates to an anti all foreign trade message. Where we actually need a stronger trade link with nations other then the US.

"Don't buy US" is more effective

this post was submitted on 09 Apr 2025
31 points (97.0% liked)

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