
In the last week, Tata Steel bosses have announced that 1000 jobs are set to go from their British operations. Steel workers and their families in Port Talbot will be hit hard. The labour movement must fight for nationalisation.

The billionaires are terrified of the next slump. Whilst asset bubbles hide the scale of the problem, the capitalists know that the apparent recovery of the last decade cannot continue. This time we’ll make the bosses pay for the crisis.

British Steel Scunthorpe is to be taken over by Ataer Holdings, owned by a pension fund with a record of asset stripping and abusing worker rights. As long as the steel industry remains in private hands, workers will continue to suffer. Renationalise now!