Article 4FQQV British Steel’s Scunthorpe works could be saved by a new ownership model | Letters

British Steel’s Scunthorpe works could be saved by a new ownership model | Letters

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Letters
from Economics | The Guardian on (#4FQQV)

Readers respond to the collapse of British Steel, which has put 5,000 jobs directly at risk and endangered thousands more in the supply chain

Your editorial (23 May) is surely right to say that Scunthorpe steelworks' distress was forged in the fires of Brexit, for which this government ought to take responsibility. Jeremy Corbyn ought also to take responsibility, for failing to make the case against Brexit clearly both before and after the referendum.

But political infighting is not going to support Scunthorpe and its steelworks. Politicians of goodwill on all sides could perhaps investigate with local people new means of ownership and management of the steelworks, possibly with EU help. These might include a co-operative model, a workers' or management buyout, a partnership between the government and third-sector organisations, or a completely new model rooted in local circumstances.

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