Comments by "Nigel Johnson" (@nigeljohnson9820) on "British Steel's liquidation threatens 5,000 jobs hours before Euro election" video.

The government is guilty of hypocrisy, it claims it cannot rescue British steel, but it had no problem taking the failed banks into nation ownership to rescue them. Steel is a critical material and it's production in the UK should be protected in the national interest. The UK must become much more self sufficient post Brexit. Tariffs are necessary to protect our ability to produce high quality steel for our own industries, including government military contracts. It is a false economy to buy cheap steel from abroad if it results in the loss of the ability for the UK to make steel and it makes large numbers of UK workers redundant. We need Brexit to allow the UK to protect its critical industries. It is a mistake to assume British steel would be any safer in the EU, when it would be far easier to import steel from other EU countries that already produce more of it than the UK. It is interesting how other EU member state manage to find ways to protect their critical industries when the UK government says it is not allowed to do so.
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@Photon_Collector yet Germany manages to provides support for its steel industry, how is that possible?
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@Photon_Collector I am only repeating a BBC news report, but I would not be surprised if Germany has one rule for itself and another for everyone else. ( I have just googled the topic, and it does appear that the German government does offers considerable support to its steel industry, including ensuring that German states buy German. I suggest you Google the topic).
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No, we just use a fraction of the money that as used to bailout the banks. We nationalised those that failed (RBS), nursed them back to health using tax payer money and then sold them back to those that ran them into debt at a loss to the tax payer. It only cost £2.1 billions so far.
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@wayneronnie7402 so you think it is ok to waste tax payer money on bailing out the banks, but not the steel industry, and you call me thick. You are terminally stupid. It is people like you who seem to think an £80 billion trade deficit with the EU is OK because the world owes us a living and we can always print more money. You must be one of those who think we can get rich by selling foreign made imports to each other.
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