Keir Starmer has committed to supporting the UK steel industry with up to £2.5 billion in response to Donald Trump’s steel tariffs threat. The government plans to use the National Wealth Fund to assist regions like Scunthorpe and Rotherham, addressing long-term issues such as high electricity costs and scrap metal recycling. This initiative aims to protect jobs, drive growth, and secure the future of the industry, following recent challenges faced by steel plants like Port Talbot in South Wales.
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