Sheffield Forge Masters were promised an £8Million loan to invest in their business.
This would have secured their position as a major UK manufacture in their specialised field and prevent even more manufacturing jobs leaving our shores.
This loan offer has now been withdrawn and no doubt will have put the companies future in question.
For Gods sake what on earth are we doing!
Are we trying to finish off the last remaining remnants of a once great industrial country or send that old familiar signal out to our manufacturers that we still love our relationship with the financial markets in preference to manufacturing.
Well i think this government needs to make its mind up what they want us to do because we cannot keep on going with these mixed messages.
We have given, yes given millions of pounds bailing out banks that have behaved like Bookmakers. Gambling our money with fatal consequence. We are all now paying the price for this addiction. We now need to look at the plain truth, that money and wealth must be worked for and there is no such thing as a free ride.
A Farmer buys seed sows his crop and harvests his hard work. He now has a crop that has more value than the seed that he sells to make a profit. All manufacturers do the same. Its harder than moving money from one place to another and making a fortune but it is honest, sound and safe. Ask the Germans and the Chinese they have been doing it for years and thriving.
This Government must wake up, smell the coffee and invest (not give) in Manufacturing before we loose everything.
