UK forms Steel Council with up to £2.5 billion investment to revitalize struggling industry.

The UK government has formed a Steel Council to revitalize its struggling steel industry, with up to £2.5 billion in planned investment. Chaired by Business Secretary Jonathan Reynolds and Jon Bolton, the council includes industry leaders and trade unions. It aims to develop a strategy to increase steel capacity and ensure long-term sustainability and competitiveness, focusing on the needs of workers and communities.

2 months ago
16 Articles