News from Sheffield Labour

End of Sheffield Forgemaster talks “a shameful breach of trust”

Paul Blomfield MP has responded to today’s joint press release by Sheffield Forgemasters and the Department for Business, Innovation and Skills. The statement announces that talks between Forgemasters and BIS which aimed to replace the £80 million loan axed by the Tory–Lib Dem Government ended without private sector investment being brought in. Mr Blomfield said that the end of talks was a ’shameful breach of trust’.

Paul Blomfield MP said: “After the Tory-Lib Dem government scrapped the £80 million loan to Forgemasters, Nick Clegg said he would work with the company to find a different way forward. He then failed to meet them as promised. Today’s announcement that talks between the Business Department and Forgemasters have ended after one brief meeting, confirms that Clegg’s words were just empty rhetoric and hot air. This a shameful breach of trust with Forgemasters and the people of Sheffield, who have lost out on new manufacturing jobs and investment.”

Other news from Sheffield Labour

• Sheffield Lib Dems propose cuts to fuel poverty programme - 1 February 2012
• Sheffield Lib Dems exposed over 'merciless' opportunism on fortnightly collections - 1 February 2012
• Decline in university applications could be start of very worrying trend - 30 January 2012