Discover and read the best of Twitter Threads about #BritishSteel
Most recents (3)
@ArmitageJim @premnsikka 1/ David Ames, patriarch of the Ames clan was convicted of #fraud on Wednesday i.r.o. the infamous £226m ‘#HarlequinProperty’ Caribbean property scam, peddled through @TheFCA’s SIPPshittery & @TPRgovuk’s pension liberation scams (ftadviser.com/regulation/202…).
2/ A hotspot of Harlequin Property scam peddling was the #LCF crews manor, with #LCF’s Spencer Golding’s alleged boiler room including a major Harlequin op ( AND ) + was allegedly linked to #LCF crew-mate & ICAEW man … 
3/ Michael Peacock ( AND ). A long term associate of Spencer Golding was #LCF/#MJSCapital’s (+ Masonic mover & shaker) John Russell-Murphy “JRM”. When Spencer Golding’s alleged boiler room was reportedly credit-card blacklisted …
1. Some 🇬🇧 politicians assert that the #China-#UK #GoldenEra relationship is a failure citing the UK (goods) trade deficit with #China in 2019. On that basis, they call for a “reset” of the relationship.
2. 🇨🇳🇬🇧 relationship is multifaceted. It compasses more than trade (goods or services). Drawing a conclusion on the basis of one aspect of that relationship only is one-sided and methodologically wrong.
My thoughts on #britishsteel as 1) the @ukLabour Parliamentary Candidate for the constituency which contains one of the sites (Skinningrove) and 2) as a qualified solicitor - who spent 5 years specialising in European Competition Law at one of the top firms in the UK. 1/10
When 5k jobs are at directly at risk (& another 20k jobs in the supply chain affected) the Govt must do everything it can. #BritishSteel needs £30m. IPPR has calculated it collapsing would lead to £2.8bn in lost wages & cost the Govt £1.1bn in lost revenue and extra benefits 2/10
There are indeed limits on how the Govt can step in under EU State aid laws. However, the UK government has a real tendency to use these rules as an excuse for when they simply don’t want to intervene. The UK has given much less aid than most other European governments 3/10
