fromBusiness Matters
2 weeks agoJobs and kebabs on the line as UK steel sector turns on itself over import tariffs
When Jonathan Reynolds announced sweeping tariffs this summer to shield Britain's steelmakers from a flood of cheap imports, the reaction seemed almost universally positive. "This government is unapologetic in our support for the UK steel sector," declared Reynolds, then business secretary, promising to defend a "vital industry that underpins Britain's industrial strength and national security." Gareth Stace, director-general of the industry body UK Steel, hailed it as "a tremendous outcome" that would stop foreign producers from "swamping the UK and driving our steel manufacturers out of business."
UK politics