Staff Reports
Once the proud emblem of global industrial prowess, Great Britain now flounders on a path that bears a striking resemblance to the economic despair of Venezuela. In a twist that would make even the most devoted royalist weep, Britain’s sole remaining steel mill in Scunthorpe is now the playground of a Chinese conglomerate, Jingye, that is hemorrhaging nearly a million dollars a day just to keep the place afloat. This disaster is painted as just another consequence of the nation’s desperate retreat towards a fuzzy, unrealistic “net-zero” economy, courtesy of its own government.
British Steel, despite its name, is in essence a subsidiary of a regime that doesn’t even operate under the Union Jack. Right now, it is battling against the dual curses of extortionate energy costs and the absurd carbon taxes levied by Parliament, all while being shackled by a ban on new oil and gas licenses. The only thing keeping this mill alive is a furtive government bailout, which comes as a great irony given that it was once very much Britain’s crown jewel in the industrial sector. Somehow, the thrill of foreign ownership seems to have become the weak spice that masks the bitter taste of self-inflicted economic wounds.
The Left's "Green" policies are economy-killers.
Democrats in the U.S. have been working to do the same, and only the Trump election stopped them.
Keep voting for prosperity, America!
Once-Great Britain Took Another Big Step on the Road to Venezuela https://t.co/vMQvDzMTPO
— Nan Hayworth, M.D. (@NanHayworth) April 16, 2025
As if that weren’t enough, the Labour Party’s Minister of State for Industry has proposed a future where British Steel would pivot to a fantasy of hydrogen-powered production methods that have not only yet to be realized but also promise to cost more than the current losses. It begs the question: Will British citizens have to flush their hard-earned tax money down the drain every day until they figure out how to produce steel with hydrogen? One can almost imagine the lads at the pub scratching their heads over what happened to the good old days of solid craftsmanship and reliable industry.
Scunthorpe is on the edge of an economic cliff, and the whiff of doom is thick in the air. British Steel is poised to become another state-owned liability, reminiscent of the disastrous nationalization efforts of the post-war era—an era that left Britain economically crippled and forever in search of its own identity. Comparisons could even be drawn to the leaders of Venezuela, who, in their misguided attempts to “transform” the economy, ended up presiding over a national catastrophe that is studied around the world as a cautionary tale.
What lies ahead for a nation that can no longer produce its own steel? One supporting a burgeoning welfare state clinging to green fantasies while trading June Whitfield for dwindling soft power? Britain risks becoming a caricature of itself, a shell of the once-indomitable nation that stood defiantly against fascism. As it stumbles forward into a post-industrial twilight, one can’t help but wonder if England has truly lost its way, veering into a future that echoes with the haunting chants of cultural irrelevance. Welcome to a strange new world, where bangers and mash might soon be no more than an unseen specter of a glorious past.
