The government is set to nationalise British Steel, a year after stepping in to run the loss-making company and prevent its owner from shutting down operations.
This should be an argument for a minimum basic income, as these thousands of people are effectively being paid by the state to sit at home because British Steel has no orders on the books.
How about instead we force taxpayers to pay the shareholders of a failing company upwards of a hundred thousand pounds per worker whose job is being saved?
This should be an argument for a minimum basic income, as these thousands of people are effectively being paid by the state to sit at home because British Steel has no orders on the books.
How about instead we force taxpayers to pay the shareholders of a failing company upwards of a hundred thousand pounds per worker whose job is being saved?