"ransom"
By closing down industries wholesale and forcing skilled tradesman and craftsmen to take lower paid, lower skilled jobs or receive no unemployment to feed their families is the most viciously inhuman form of "holding to ransom" there is.
I would strongly recommend a visit to Ken Loach's 'I, Daniel Blake' to see an accurate depiction of what is happening in Britain today.
Holding Britain to ransom - my arse.
If incompetent and avaricious bankers can receive massive government bailouts from the public purse which they use to pay themselves obscene rewards for clearing up the mess they have made of the national economy - why cannot workers demand reasonable wages for the work they do well?
Talk about double-standards.   
Jim Carroll