• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
  • Guest Content
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home Business and Economics Business

Osborne put relationship with China above steel interests, says Clegg

By Joe Mellor, Deputy Editor The Chancellor has come out fighting and has defended the Government’s handling of the steel crisis, but his special relationship with China is clouding his judgment, critics have claimed. He said the Tories were doing all that is “practicable and possible” to slap tougher tariffs on cheap steel. The steel […]

Joe Mellor by Joe Mellor
2016-04-01 15:11
in Business, News, Politics
FacebookTwitterLinkedinEmailWhatsapp

By Joe Mellor, Deputy Editor

The Chancellor has come out fighting and has defended the Government’s handling of the steel crisis, but his special relationship with China is clouding his judgment, critics have claimed.

He said the Tories were doing all that is “practicable and possible” to slap tougher tariffs on cheap steel.

The steel crisis has been squarely blamed on China continually dumping cheap steel on European markets and making UK steel far too expensive. Instead on intervening, it is claimed ministers are prioritising trade with China over much needed support for the ailing UK steel industry.

At the same time Sajid Javid, the Business Secretary, has come under fire for his poor handling of the crisis. There have been calls for him to quit over Tata’s plans to close its UK operations and sell off its assets, putting 15,000 jobs at risk.

Javid met with Port Talbot representatives after he cut short a trip to Australia and said the meeting in Wales was “very productive.”

However, Nick Clegg has come out and blamed Mr Osborne’s close ties with China for not adequately defending the steel industry.

Clegg said: “George Osborne has put his special relationship with China above the UK’s best interests.

“The Conservative Government has continually failed to take action and missed many opportunities to help the UK steel industry, such as taking steps to prevent dumping of cheap Chinese steel on the UK market.

RelatedPosts

Steve Bray left bruised after being wrestled out of BBC debate on Brexit

Michelle Mone’s yacht gets Led By Donkeys treatment

Unearthed footage shows Gullis mocking trust fund parents

Door remains open for Britain to rejoin the EU, says Barnier

European Steel Association spokesman Charles de Lusignan said: “We have been talking about the lifting of the lesser duty rule in particular for a long time.

“The UK has been blocking this. They are not the only member state but they are certainly the ring leader in blocking the lifting of the lesser duty rule.

“The fact that the UK continues to block it means that when the Government says it’s doing everything it takes to save the steel industry in the UK, but also in Europe, it’s not.”

A spokesman for the Community union said: “Steelworkers across the country will be shocked that it has taken this long for the Government to finally wake up to the crisis facing our steel industry.

“Sajid Javid cannot simply arrive at Port Talbot and read out his list of ‘achievements’ – this week’s news is proof that Government action thus far has been woefully inadequate.”

Unite Wales secretary Andy Richards said: “Steelworkers at Port Talbot and across Tata steel will want to know just exactly what Sajid Javid intends to do to safeguard their industry, their livelihoods and their communities.”

Content Protection by DMCA.com

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Newspapers focus on PM’s role in Tory whip groping allegations

Spring a month longer than it was 25 years ago

Cop26: Carbon offsetting a ‘smokescreen’ to dodge climate action

HGV driver shortage: UK in a ‘state of logistical disarray’

Piers Morgan set for TV return – saying next job is ‘bigger’ than GMB

Murder investigation after 86-year-old was stabbed to death in broad daylight today

Antibiotics prices ‘hiked up to take advantage’ of demand

Watch – Out of control Mondeo crash head on into van

WATCH: Liz Truss empty chaired on GMB after failing to attend interview

VIDEO – Pro Brexit Tory MEP gives wanker sign

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.