Want to save the UK steel industry? Brexit isn’t the answer | Gareth Stace

The difficulties facing British Steel have quickly become part of the Brexit debate, with commentators variously pointing to our membership of the EU or our decision to leave as an underlying cause. Business is naturally cautious about entering into political debates, but it should not remain silent when it features so prominently in the public discourse. Industry has a responsibility to ensure its views are accurately represented and to establish the facts as they relate to our sector.

Let's be honest here, Brexit isn't the answer to anything unless the question is 'how do you fuck up four different countries all at once?'

UK steel industry....😁

Actually it literally is. The EU prevents us from bailing out British Steel. The collapse of which was caused by the EU allowing cheap Chinese steel to flood the market. Do keep up you partisan hacks

Steel prices at extraordinary highs. You can't make it work 🚮 🚮

If we left on the 29th then this would not be happening. That is a simple fact.

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The surprising facts behind the declining UK steel industryOnce employing more than 300,000 people, the sector has been kept afloat by repeated injections of state aid in recent years. Problem is we have assisted with money to keep it afloat whilst in the rest of the world, especially China, they have invested in improving and streamlining processes in new facilities. We can’t keep up with antiquated equipment & punishing levies from government.
Source: SkyNews - 🏆 35. / 67 Read more »