tag:blogger.com,1999:blog-1141932539860553199.post2334079289313671901..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Tata SteelMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-1141932539860553199.post-17847258959942448242016-04-03T23:12:17.257+01:002016-04-03T23:12:17.257+01:00BTW, FWIW, I have occasion through my passion to w...BTW, FWIW, I have occasion through my passion to want to buy components made of good material - steel and aluminium. These are now mostly pattern parts made in China or similar and the material is often poor quality. I have seen a Chinese made quick shift gear lever for a 1960's Ford gearbox simply break. The original Ford (UK) part never breaks.<br />So I agree that there are issues here. One I think is the tenuous grasp of contract law in China. London Cab steering boxes being an example of both the poor quality and the lack of understanding of contract law.Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-58136436644921250672016-04-03T21:13:44.605+01:002016-04-03T21:13:44.605+01:00If the company fucked up its own land ,it might pa...If the company fucked up its own land ,it might pay nil LVT because the employment it provided would have put up local residential land values reciprocally .It shouldn't get an LVT rebate but somebody taking over might, if the land were next to impossible to use.DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-56618427211790954792016-04-03T20:46:33.796+01:002016-04-03T20:46:33.796+01:00There's huge oversupply of steel at the moment...There's huge oversupply of steel at the moment but when China knocks a lot of marginal/ loss making producers out of the game the prices will shoot up and we will be doubly disadvantaged. No steel industry to take advantage and forced to pay higher world prices PLUS shipping costs. <br /><br />Germany increased their steel production in 2015 but they are the beneficiaries of greater investment, lower rates and much lower energy costs. All types of indirect subsidy but a joined up strategy nonetheless. Or have the Germans missed a trick?paulc156https://www.blogger.com/profile/12412449043451685404noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-47619640647118623932016-04-03T19:49:08.064+01:002016-04-03T19:49:08.064+01:00"But I wouldn't dream of cross posting ;-..."But I wouldn't dream of cross posting ;-D"<br /><br />I just tend to forget which post I'm commenting on until it's too late.<br />Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-49129915380446619782016-04-03T19:20:00.846+01:002016-04-03T19:20:00.846+01:00See my comment on the post about Free Trade.
It a...See my comment on the post about Free Trade.<br /><br />It applies here as well. But I wouldn't dream of cross posting ;-DShineyhttps://www.blogger.com/profile/13281261419328886986noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-20703690877918352562016-04-03T17:09:22.142+01:002016-04-03T17:09:22.142+01:00John,B, I disagree with DBC's comment on negat...John,B, I disagree with DBC's comment on negative land values leading to LVT rebates. The lowest value of land for these purposes is nil, and quite probably the steel works would be paying zero LVT (instead of a fair bit in business rates). But landowners wouldn't get LVT rebates (especially if they were the ones who polluted the land in the first place), all citizens - including Tata Steel workers - get it as a personal allowance or Citizen's Dividend or whatever.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-50212394111929399952016-04-03T16:37:55.282+01:002016-04-03T16:37:55.282+01:00Staffordshire man,
So, you've never switched ...Staffordshire man,<br /><br />So, you've never switched supplier for anything because someone else was cheaper?Tim Almondhttps://www.blogger.com/profile/13369256383976094670noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-20131274301952562652016-04-03T15:48:19.857+01:002016-04-03T15:48:19.857+01:00Tara's decision is based on competitiveness an...Tara's decision is based on competitiveness and survival, Burbury's was simply greed, sure clothes are cheaper to make in Bangladesh but when you're making polo shirts that cost pence and sell for eighty quid the case for moving is not so convincing.Staffordshire manhttps://www.blogger.com/profile/05572121503308389236noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-71475545974611073902016-04-03T14:00:25.395+01:002016-04-03T14:00:25.395+01:00"The important thing about the Tata Steel sto..."The important thing about the Tata Steel story is that it has many angles that mean that the media can run numerous stories about it."<br /><br />You missed out "Evil foreign owner who can be demonised with impunity" and " A chance to say 'Now look what happens when you sell our industries to foreigners'". <br /><br />"The responses here show why the YPP will never get anywhere in politics."<br /><br />Please explain how. AFAICS, the reason that YPP is not getting anywhere is that LVT is pure political poison, but that's not a reason to give up. The less people try to change the political status quo, the worse that status quo becomes.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-24889858446117550842016-04-03T11:50:59.367+01:002016-04-03T11:50:59.367+01:00The responses here show why the YPP will never get...The responses here show why the YPP will never get anywhere in politics. You might as well give up now, you're wasting your time.Rich Teehttps://www.blogger.com/profile/14037296506942507747noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-35459250699018872152016-04-03T11:47:34.035+01:002016-04-03T11:47:34.035+01:00Agreed. Sad but true.Agreed. Sad but true.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-36428523376255937562016-04-03T11:23:28.744+01:002016-04-03T11:23:28.744+01:00Rich Tee,
"Steel is used to make bridges, sh...Rich Tee,<br /><br />"Steel is used to make bridges, ships. skyscrapers and, famously in this case, electrical transformers. "<br /><br />So? What's the problem with buying it from China or elsewhere? We need it for bridges? Well, we need people to make bridges and boots for workmen to do it. Should we then subsidise bootmakers as well? If we don't have boots, we can't make bridges either. Those workmen can't go out and do it barefoot. We'll also need to subsidise welding equipment, hard hats, spirit levels and glass making companies.Tim Almondhttps://www.blogger.com/profile/13369256383976094670noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-34178622765137802272016-04-03T10:57:15.147+01:002016-04-03T10:57:15.147+01:00Rich: so what? It doesn't cost very much and t...Rich: so what? It doesn't cost very much and there's no suggestion we won't be able to keep buying it.<br />DBC: Ooh, LVT and negative land value is indeed an interesting one!john bhttps://www.blogger.com/profile/13784096180652522939noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-22755515538616009942016-04-03T10:49:48.533+01:002016-04-03T10:49:48.533+01:00Moving business rates to LVT would be a big help.T...Moving business rates to LVT would be a big help.The land under the steel works must have nil or negative value because remediation would be so expensive: the Land tax fund should pay people to take it on!DBC Reedhttps://www.blogger.com/profile/17891849727783879145noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-62698184342031480082016-04-03T10:40:14.738+01:002016-04-03T10:40:14.738+01:00Maybe, but Burberry is just a clothing company and...Maybe, but Burberry is just a clothing company and a posh one at that, and Woolworths and Comet were, at the end of the day, just shops.<br /><br />Steel is used to make bridges, ships. skyscrapers and, famously in this case, electrical transformers. There is a company near me that makes air conditioning for server farms, I wonder if they use steel? It has gravitas. It is serious.Rich Teehttps://www.blogger.com/profile/14037296506942507747noreply@blogger.com