Well yes, but it was Thatcher who decided to shut down the mines WITHOUT a plan for these communities wasn't it?
If you haven't got a plan, don't shut down industries, and the same goes for this scenario. It will be too expensive to let this company go bust, which in itself is a good reason...
Ah, a half-baked answer to cover your hypocrisy on the issue. I expected little else.
At the end of the day, how is that any different from keeping any other failing company going? Coal mining could and should have been phased out, allowing for light industry to gradually take it's place -...