It was a particular arm of the private sector that fired the torpedo - not all of it. Just 6 months after the then Prime Minister had lauded it too. And yes of course the Public sector will contribute to the economic recovery as waste is removed and it once again becomes affordable

Ah well, 800 is better than 0. I'd hope that they might recruit a lot of the mobile engineers from Hull too to cover the installations. Fingers crossed anyway.

Just as a warning, Siemens made a big investment in a site in the North East to make microchips, it only stayed open a few months and was then mothballed when the market collapsed.

So, on the face of it great news, but it should not be seen as a solution to the regions problems on it's own.

I think the Private sector would work very well in isolation, they are the ones that actually generate the wealth, the ones that actually manufacture things to sell to the rest of the world, not the millions of paper shuffling rubber desk johnny bureaucrats that produce nothing and are payed for out of private sector taxes.

And now we have a chancellor who is on record as saying that we should have followed the Irish economic model.




Affordable is such a relative term. For instance, who knows what we'd be able to afford if we hadn't thrown mountains of cash at the good old private sector to stop it from collapsing under the weight of it's own greed and stupidity.

Sorry - [ione particular arm[/i of the private sector.

Then you don't understand how economies work. Or countries for that matter.

We ran out of money I'm afraid - it generally happens one way or another under that particular regime. Credit seemed so trendy - the private sector banks offering it and the Government in deep debt before the banks crashed. The Government failed in its duty to adequately regulate the banks who of course behaved disgracefully. And yes - it is one particular section of the private sector - unless of course you think those of us in areas such as manufacturing were also selling complex fraudulent 'investment vehicles'.

Great to see some positive job news for the region following the huge number of redundancies over the last two years.

Government debt before the crash was nothing out of the ordinary and broadly similar to what we had under the previous Tory administration.


No argument on either of those points. Looks like we'll be going down the same path again as well.


When people use sweeping generalisations such as the 'public sector' I feel obliged to fall in line.



And the banks weren't the only part of the private sector to benefit from the money thrown at them.

I think that will be the case, The Hornsea array wind farm is currently waiting approval as part of the round 3 offshore wind programme, round 3 is for massive windfarms (1000's of turbines ) to be placed strategically around the u.k, Siemens are part of a collaboration who are the stakeholders in the hornsea array, therefore Hull would be an ideal base to ship turbine parts directly from the port to the construction site, i would imagine pen will be put to paper and plans for this manufacturing facility given the go ahead only if the round 3 wind farms are granted approval, a wind farm that size would require 100's of service technicians which would be recruited from the area i presume, ( based on siemens recruitment policy for they're other wind farms) going by other offshore windfarms i have seen around the u.k there will be 100's if not thousands of indirect jobs created if Hull is used as the base for the construction programme for the hornsea array.

caveat to the discussion

Kosh would have a Liberal Democrat government, so his grasp on reality is questionable.

carry on

Kosh has run out of parties to vote for.



Which leaves me with a problem at the next election as my principles won't let me abstain.