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The Vote Leave figurehead called on staff in the industry to back quitting the EU so power costs could be cut - and the Prime Minister is now under pressure to act.
'While it was these two immediate Brexit-related issues that led to its sudden demise, its longer term future was also uncertain under Brexit...'
‘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
A government body has recommended that protections inherited from the EU to protect UK steel producers are ended.
Sector faces glut of cheap imports because of recommendation that EU protections should not be renewed.
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.
With its economy in tatters, England is not having its finest hour. It is a time of transition for the United Kingdom... /
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.
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.
The EU suspended the company’s free carbon permits as part of Brexit no-deal contingency planning.
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.
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 ...
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 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 has said it is seeking further financial support from the government to help it address "Brexit-related issues".
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.
The sale of British Steel to Chinese firm Jingye could be scuppered by French intervention.
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.
Andrew Bridgen—a Conservative Party MP and Brexit supporter—claims that the “overwhelming majority” of EU member states have no steel industry.
Wrong to ‘conflate’ issues, Boris Johnson’s spokesman insists – after US official said talks were on hold because of Article 16 fears.
Biden is just "not interested", the paper reports, with one trade expert saying the EU is more aligned with his priorities.
Fears are growing of Christmas chaos for British businesses and consumers after industry warned of factory shutdowns within weeks as fuel prices spiral upwards.
"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. "
A new, post-Brexit trade row is looming for key U.K. industries but do ministers want to trigger fresh negotiations with Brussels? / Business groups representing U.K. energy and steel sectors are looking nervously at a potential financial cliff-edge, when additional export costs are introduced through the EU’s carbon border tax.
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.
Nigel Farage predicted back in 2016 that if the UK didn't leave the EU it would be the end of the steel industry. This week the Brexiteer was proven wrong again, with news of massive job losses at Port Talbot Steelworks in Wales.
When former first minister Carwyn Jones blamed Port Talbot job losses on Brexit, some scoffed and said “No, net zero.” But he wasn’t wrong
Some steel products could face post-Brexit taxes within months, the sector has warned.
EU and UK businesses will face ‘inevitable’ extra costs while the post-Brexit trade deal remains in place, European Commission Vice-President Maroš Šefčovič warned on Monday (12 June), playing down the prospect of a major overhaul of the agreement.
The UK government has made a last-ditch decision to overrule its official post-Brexit trade advisers to extend protections on certain steel products.
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.
"Richard Tice should call in more often", Marina Purkiss said after watching the clip. / Reform Party leader Richard Tice phoned into a TV debate on Brexit only to get a humiliating dressing down by documentary maker, Caolan Robertson.
Some steel exports from Great Britain to Northern Ireland are facing a 25% tariff because of changes to EU rules.
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.
As Tata Steel announced significant job losses in Port Talbot, Byline TV asked Carwyn Jones why it’s happened. The answer: Brexit, and apathy.
British Steel’s potential collapse has become a national event in which people see their political prophecies affirmed.
At least 5,000 jobs in the north of England are at risk after British Steel was put into compulsory liquidation.
The government has confirmed that the UK will implement a Carbon Border Adjustment Mechanism (CBAM) in 2027, one year after the European Union fully implements its own.
The United States will delay its deal to remove tariffs on UK steel and aluminum because of concerns about post-Brexit trade rules affecting Northern Ireland, the Financial Times reported on Wednesday.
UK steel companies have been operating at a significant disadvantage compared to their European rivals since the beginning of 2022.
Industry trade body, UK Steel, has published a Brexit blueprint for the Government explaining what steps it needs to take to secure the future of the crisis-torn sector. / The outcome of the EU referendum was a blow to the industry, which had previously indicated that its survival rate was higher if the UK remained part of the EU.
The Biden administration said the move is part of a push to 'rebuild our relationships with our allies and partners around the world' after Trump's exit.
The former First Minister of Wales Carwyn Jones rejects claims from right-wing politicians and commentators that the closure of the steelworks is down to net-zero policies and lays the blame squarely at the feet of Brexit and the Conservative government who he says have done nothing to meaningfully save British steel since the referendum in 2016.

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