What future has the British Steel Industry?
The Government will invest £3,000-million over the next ten years to modernise old, inefficient plants and as a result 50,000 jobs will disappear.
The investment is a gamble-a gamble that 35-million tons of British steel will be needed in 1980. If it is not, then more losses and more redundancies will follow. Set free to run on a commercial basis, the industry may make profits-but at what social cost? Who will look after towns like Shotton and Ebbw Vale if steel-making goes?
Have Lord Melchett and the Government got it right? What do we want from steel - efficiency or employment?
Presented by Brian Wedlake
With Paul Griffiths, David Taylor and Robert McKenzie