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British Steel

  • Starmer’s steel tariffs are as hare-brained as Trump’s

    Opinion

    Contrary to supporting the industry, Starmer's steel tariffs will push manufacturing offshore and invite retaliatory EU action, writes Andrew Griffith.

    Keir Starmer discussing future of British Steel at a press conference, emphasizing economic policies and steel industry im...
  • Industry chief calls on government to water down steel tariff plans

    Industrials

    Government plans to double tariffs on steel imports pose an enormous threat to Britain’s already ailing manufacturing industry, pushing up costs at a time when many are already in the jaws of an inflationary energy shock, Britain’s largest industry body has warned. In a letter seen by City AM, British Chambers of Commerce (BCC) boss [...]

    The trade deal is set to eliminate the tariffs on steel and aluminium if the UK meets its pledge to cut China out from supply chains.
  • Cabinet ministers urge Starmer to set path for succession

    Politics

    Keir Starmer’s Downing Street operation was plunged into a full-blown crisis on Monday, after three cabinet ministers urged him to set a timeline for his resignation despite the robust defence of his premiership he launched in a make-or-break stump speech earlier in the day. Speculation over the future of his government reached fever pitch into [...]

    Prime Minister Keir Starmer speaks at a press conference addressing future leadership rumours, wearing a navy suit and tie.
  • Mark Kleinman: Industry steels itself for long road to recovery

    March 19, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his City AM column Industry steels itself for long road to recovery Steel yourselves: I make no apology for returning for the umpteenth time in this column to the future of the UK’s beleaguered steel industry. More than five years since [...]

  • Mark Kleinman: What’s in store for the Square Mile in 2026?

    January 8, 2026

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Not great, not awful: a fair summary of my corporate predictions for 2025. On the plus side, I was right to forecast a bid for ITV, or at least part of it, and correct that Thames [...]

  • There is a future for British steel – but it isn’t built on nostalgia

    October 8, 2025

    Traditional steel making is one of the dirtiest industries on earth. Transforming it into an industry of the future requires innovation not nostalgia.

  • EU tariffs leave UK steel industry facing ‘biggest threat ever’

    October 7, 2025

    The UK’s ailing steel sector is facing the “biggest crisis in its history”, industry chiefs have warned, after the European Union unveiled plans to double tariffs on all steel imports in a bid to revive its moribund steelmaking capacity. As part of efforts to kickstart a “reindustrialisation of Europe“, EU commissioners signed off a proposal [...]

  • Government takes control of UK’s third-largest steelworks after collapse

    August 21, 2025

    The UK government has taken control of the country’s third-largest steelworks as near 1,500 workers face uncertainty. Speciality Steels UK (SSUK), which owns major sites such as Liberty Steel in Rotherham, South Yorkshire, was put into compulsory liquidation after insolvency courts granted a winding-up order sought by creditors. The creditors said they were owned hundreds [...]

  • Trump hails relationship with Starmer – but no steel exemptions yet

    July 28, 2025

    In a Scottish golfing holiday that has swiftly given way to a multi-sided international summit, Keir Starmer has held a bilateral meeting with Donald Trump which has spanned from the UK-US trading relationship to immigration policy and international conflicts.  Business secretary Jonathan Reynolds had tempered expectations of immediate steel tariff  progress ahead of the meeting, [...]

  • Saving British Steel leaves taxpayers with £900m bill

    June 25, 2025

    The government’s decision to take emergency control of British Steel is poised to cost the taxpayer just short of £1bn, according to initial government estimates, sparking warnings from opposition politicians that the Chancellor’s narrow fiscal headroom is in jeopardy. The Office for National Statistics (ONS) expects the public finances to suffer a £900m hit from [...]

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