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I can answer that, David: put simply, tons of coal produced times £ per ton came to less than number of miners times their wages. Branson type people only buy businesses which are potentially profitable and the challenges involved in making coal profitable were too tough and the risks too high.
Many grievous and disgraceful errors were made on both sides and it's unfair to pin 100% blame on either side. At least until the full facts are known.
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