Ellesmere Port closure is excellent news

by admin on May 18, 2006

in Innovation

The planned loss of 900 jobs at Ellesmere Port is the best news I’ve heard in a long time for those interested in innovation. This event provides the catalyst for the kind of regeneration I’d like to see in the UK economy. Anything other than precision engineering is dead as a long term manufacturing option.

UK manufacturing is in its death throes. It’s a process I can trace back to 1983, the year my father was made redundant by the then Vauxhall Luton plant. My dad is a skilled toolmaker – which means he can beat most CNC machines for speed and accuracy. I’m very proud of my dad – as you can probably tell. On practical issues I’ve got 10 thumbs. Anyway.

  • Economic hardship of this kind demands a government response. Chancellor (and perpetual PM prince in waiting) Gordon Brown has already been there blah blah’ing away. And so?
  • Vendors and practitioners I work with could provide the immediate technical infrastructure to support a tech based revival – for very little money.
  • I’d kickstart the content on interactive community websites at a minimal fee. The idea would be to encourage the community to tell government what it wants. It could work that out through the discussions on community blog sites. Anyone need a hand on this, I’m sure the PRs will jump in.
  • I’d urge government to fast track entrepreneurial training. I’d support that through government interest free convertible loan stock. that means WE all have a stake on the potential economic success of OUR talent.
  • I’d ask Microsoft to lob in a wedge plus some kitI

As an aside – Would you encourage your clients to accept higher local taxes to support such an initiative? Would you encourage clients to follow Niklas Zennstrom, billionaire co-founder of Skype’s advice: “If you’ve an idea, mortgage your house, leave your day job and follow your vision.” Looks like the day job’s going so…

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You could always ping the local business ediotr at Liverpool Echo (at leqst I think that's correct from what Google returned to me): billgleeson@dailypost.co.uk

Another example of this Governments lack of care towards the working man in this country.

We saw this with Equitable Life, where was the government when all those ordinary working people who had saved for their retirements found they had a fraction of what they thought they would have had, I bet a lot wished they had spent the money on holidays and cars!

It’s a sad fact, we have seen successive governments make a mess of the UK but I think the current one really does deserve an award for its efforts.

RANT OVER ……..

As for Ellesmere Port, lets hope from this local businesses spring up, and if/when they do, you can count on the fact it will not be through the help of this government, no, it will be through the spirit of those who decide to turn this terrible situation on its head and go for broke and try something for themselves.

I wish them all luck!

Which is precisely why I have said what I have. My approahc is a direct challenge to the status quo at a ridiculously low cost to the taxpayer. I don't agree on the tax front. You've got to get profuitable before you pay tax. Ireland does a good job there in repsect of patent royalty exemptions. But I still think you need to kickstart the process somewhere. That often requires an injection of funds. If you feel as strongly as you do Graham -fire away at your own place and see, if like Stuart Jones, it gets picked up.

Sorry Den. Don't think it is great news for Ellesmere Port. No planning has been done for this by local or central government despite advance notice from GM. That was proved by Gordon Brown turning up to blah blah as you say. Nothing but rubbish as usual from that source.
On the question of raising further taxes, I think the answer is a resounding no. Both central and local government have proved they cannot be trusted with tax revenues. They always end up being squandered elsewhere. A better idea to encourage new (and existing) businesses, would be to have a zero rate band of corporation tax up to £50,000 with no tinkering on marginal rates above that. This would encourage businesses to invest in themselves. And get rid of the absurd NI tax. (Sorry Gordon, it IS a tax and a very bad one!).
See - you've set me off now.... ;-)

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