Tories to watch over BSC closures
Socialist Press1979 1979-08-01Read it in the scan (PDF), scan page 11 →
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The Tory government announced last week that it will only provide funds for the British Steel Corporation on a month-by-month basis.
This unprecedented step is designed to provide Tory axemen with blow-by-blow control over the imposition of plant closures and manning cuts.
Profitable
The plan laid down by Sir Keith Joseph calls for the corporation to be made profitable by next year.
It presently loses money to the tune of £309 million per year-in common with the steel industry in virtually every other capitalist country.
Joseph The BSC board has accepte his plan and confirmed that i will press forward with a crash programme of closures which it claims will save £108 million in the current financial year.
Meanwhile there has been no sign that the steel unions have any intention of acting upon a call for national strike action raised from a mass meeting at the threatened Corby steelworks -the only course of action that offers any hopes of preventing a jobs massacre in the industry.
Such a strike must be fought for alongside the preparation for occupation of the threatened plants at Corby and Shotton. PROFIT OFF OUT BACKS - ROBBERY STUFF THE S Ford strikers-crasht PHOTO: Laurence Sparham, IFL d through 5% limit last year Only such a policy offers