The UK’s Minister of State for Trade, Chris Bryant, has suggested his government is closing in on a deal on steel with the EU that would see both sides avoid punitive trade restrictions introduced to shield domestic industries from oversupply.
It comes as the Labour-led UK government pushes on with its economic “reset” with the European bloc, despite an impending leadership challenge that has left Prime Minister Keir Starmer grappling with his biggest political crisis since his landslide victory in 2024.