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British Steel to get furnace supplies today, say ministers; UK wage growth remains resilient – business live

JD Vance sees good chance that US and UK will strike ‘great agreement’ on tradeHere’s more news on British Steel, which is racing to secure the raw materials needed to keep its remaining two blast furnaces running.Downing Street said the government was “confident” it would be able to secure the products necessary to keep the site running, and that work was ongoing to get a “steady pipeline” of materials. They are needed to prevent the cooling of the blast furnaces, which would risk irreparable damage.We will always act in the interest of working people and UK industry. Thanks to the work of those at British Steel, and in my department, we have moved decisively to secure the raw materials we need to help save British Steel.Our industries depend on UK steel and - thanks to our Plan for Change - demand is set to shoot up: helping build the 1.5 million homes, railways, schools and hospitals we need to usher in a decade of national renewal. Continue reading...

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