Wouldn't happen in Germany
Key is sticking to an industrial strategy
As a share of its economy, Germany’s manufacturing sector is twice the size of Britain’s – 23% of national GDP, compared with 11%, according to the World Bank. And unlike Britain, it runs a large surplus on trade in goods...
I understand and appreciate some of this but equally this shows a lack of joined up thinking. As you will know, competition keeps prices down; once Britain has got rid of all its steel who knows what price China will charge? Port Talbot might act as a price lid? Also, what's the cost of 40,000...