Thursday, April 18, 2024
Homelefty_lunacyLefty Lunacy of the Day: British aid money will cost British jobs

Lefty Lunacy of the Day: British aid money will cost British jobs


Aid money from the pockets of British taxpayers has been propping up two of China’s biggest steel-producing regions.

The Department of International Development (DFiD) threw £21m at a project aimed at turning around loss-making state-owned businesses in Liaoning and Sichuan between 1999 and 2004.

The two regions are now among those making up China’s steel-producing powerhouse, which is burying Britain’s current one per cent global share of steel production.

Whilst the current masters of DFiD protest innocence, saying that aid to China was stopped in 2011, under a new scheme China is still set to receive £1.4m over the course of this year.

With the Port Talbot steel plant facing closure, it is time we realised charity begins at home.

(Image: Ben Slater)

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Edited by Kathy Gyngell

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