cj10jeeper said:
Always a sad day when jobs are lost, but no different to any other large factory, shop, business, etc. closing and gone for good.. Society, economics, etc. move and change. And yes I was brought up and worked with mining communities so understand it.
Assuming the £13 figure of cost reduction is correct then with the the colliery running at 900 tons/ hour (bbc news) Say 20 hours per day and 300 days per annum (low estimates) that's a saving of £70m+
They were very expensive jobs, costing £156k each to subsidise assuming no other factors such as ongoing investment to keep the colliery working.
Just adding a different perspective...
I see where you are coming from there cj10jeeper but 450 jobs is just the lads that mined the coal, not withstanding the numerous businesses/staff that also served the mine and have now lost a massive amount of their revenue.
450 job losses could be quite easily be trebled when you take into account the impact it will have on the local and wider economy. A lot of these guys will have visited cafes, paper shops, petrol stations etc etc en-route to work.
They would've popped into local pubs for a swift couple of pints after a gruelling shift. Not no more.
The level headed guys would also, I hope, have had some form of PPI/Redundancy cover in place. Again, in the long run, the insurance companies WILL increase premiums which will affect people not associated with the mine in the future.
The impact of 450 jobs is not just 450 jobs is what I'm trying to get across regardless of the 70m approx it may save the Gov't.