I wonder how much influence on the "IN.... OUT" referendum this steel industry problem will have?
There is potential for both sides to use it.
Failure giving ammunition to Brexit.
Success for Stay In.
Mind you, what constitutes failure or success?
Closure means failure.
Between that and independant Tata making a keep open decision without political influence is a whole range of scenarios.
The bottom line is that closures will devastate the localities affected, and devastate is an accurate description.
I can see some political expediency coming in to give short term "success".
Just think...if the UK steel industry collapses then who will pick up the business?
Countries with a steel industry to absorb the capacity, both within and outsise the EU.
Will the EU back the UK or not?
I will wait and see.