Does most of the EU have no steel industry?
02/04/2019
Andrew Bridgen—a Conservative Party MP and Brexit supporter—claims that the “overwhelming majority” of EU member states have no steel industry.
"For disgruntled steel workers in Port Talbot, the Brexit vote was their chance to get the people at the top — and the national media — to listen. In a bitter irony, they are also the ones who stand to lose the most from Brexit. "
Nigel Farage accused of hypocrisy over vote against EU law that could have helped British steel
01/04/2016
Nigel Farage has been accused of a “staggering level of hypocrisy” over Britain’s steel crisis after it has emerged he and other Ukip MEPs voted against an EU move that it is claimed could have helped protect the steel industry from cheap Chinese imports.
The UK’s second-biggest steel production company has been left in need of an emergency loan because of the failed Brexit negotiations. British Steel, which employs 5,000 people across the UK, is said to be in talks with Whitehall for a £100 million loan after it got frozen out of an EU-wide carbon trading scheme.
British Steel is on the verge of administration within 48 hours unless a £30m rescue deal can be agreed with the government. If additional funding cannot be secured 4,000 British Steel jobs would be put at risk along with a further 20,000 in its supply chain.
British Steel won approval from a French court to buy the Ascoval steel mill in northern France, in a deal that should help save jobs at the site and allow British Steel to expand in Europe as Brexit concerns weigh on its domestic market.
British Steel Ltd. may face a financial hit of 100 million pounds ($130 million) or more in three weeks if Prime Minister Theresa May is unable to secure a Brexit deal, two people familiar with the matter said.
British Steel has said it is seeking further financial support from the government to help it address "Brexit-related issues".
British Steel faces €110M Brexit bill
24/02/2019
The EU suspended the company’s free carbon permits as part of Brexit no-deal contingency planning.
British Steel collapse: Thousands of jobs at risk as firm becomes ‘first major Brexit casualty’
22/05/2019
Company put into official receivership after talks with government over £30m rescue package break down. / British Steel has collapsed, putting more than 4,000 jobs directly at risk and threatening a further 20,000 in the company’s supply chain.
British Steel is the canary in the coal mine - we need to prepare now for the Brexit threat to jobs
22/05/2019
The announcement that British Steel is to enter insolvency is the latest example of how uncertainty over Brexit is threatening livelihoods across the country. This does not just affect the 5,000 workers at Scunthorpe, but also a support staff of 20,000 across the whole supply chain. / Sadly, many other firms face the same danger ...
At least 5,000 jobs in the north of England are at risk after British Steel was put into compulsory liquidation.
‘The number one priority is to secure a withdrawal agreement as soon as possible, ending this uncertainty and avoiding the turmoil of a no-deal Brexit,’ says Gareth Stace of UK Steel
Jacob Rees-Mogg has put his name to an “Economists for Free Trade” (EfT) report claiming a no-deal Brexit would bring a £1.1 trillion boost to the British economy over the next 15 years. This is pure fantasy. The overwhelming consensus amongst economists is that quitting the EU with no deal would be a disaster on a truly magnificent scale.
British Steel’s potential collapse has become a national event in which people see their political prophecies affirmed.
Hundreds of workers at Sheffield steel firm face redundancy, with bosses blaming political uncertainty and Brexit for falling demand
09/01/2020
283 workers face redundancy at one of Sheffield’s biggest steel producers, in a crushing blow for families immediately after Christmas.
British Steel: France in threat to veto sale
31/01/2020
The sale of British Steel to Chinese firm Jingye could be scuppered by French intervention.
South Yorkshire and Derbyshire bosses brand Brexit deal a 'total disaster' set to cost jobs and close companies
27/01/2021
South Yorkshire bosses have branded the UK’s Brexit deal a ‘total disaster’ and say it could cost jobs or force some firms to close.
The British economy is beginning to understand what it is to be tipped over the cliff edge. Cries of alarm and distress flares are going up across the length and breadth of the country, and from industries as diverse as fishing and finance and from pigs to paint.
Some steel products could face post-Brexit taxes within months, the sector has warned.
The trade body UK Steel shared the figures with the Mirror amid growing concerns about the consequences of the Trade and Cooperation Agreement with Brussels.
Brompton is facing a host of problems from material shortages to rising production costs as the fallout from Brexit and Covid continues to impact UK manufacturers.
Brussels ready to slap tariffs and quotas on UK exports – and even to ‘suspend cooperation in certain sectors’
Sector faces glut of cheap imports because of recommendation that EU protections should not be renewed.