Jordan Taylor: Bailing out steel would be blow to principles of free trade - Yorkshire Post

Jordan Taylor wrote for the Yorkshire Post on why the government should not bail out the steel industry with taxpayers' money

Many on the left have claimed that steel is a “foundation industry” (whatever that means) and that it is somehow vital to the country, but the facts simply don’t support this. The industry accounts for less than 0.1 per cent of employment and unlike German plants which are often integrated into the car industry and produce specialised alloys, most of what is made in the UK is generic and low-grade.

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Jordan Taylor: Bailing out steel would be blow to principles of free trade - Yorkshire Post
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