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Steelworkers face 'huge uncertainty' as Liberty collapses into government control
NEARLY 1,500 workers in Rotherham and Sheffield face “huge uncertainty” after Britain’s third-largest steelworks was placed under government control, unions warned yesterday.Creditors owed £100 million by Speciality Steels UK – part of the Liberty Steel metals empire of controversial tycoon Sanjeev Gupta — were granted a compulsory winding up order by insolvency courts on Thursday.
The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic ...
With a bank holiday weekend fast approaching, workers may only receive their wages on Tuesday unless payments are made as a ...
The Financial Times highlights critical issues in the UK, including potential insolvency in Sanjeev Gupta's Liberty Steel and ...
The bosses of Britain’s largest listed companies took home record high pay packets for the third successive year, according ...
Speciality Steel UK has been pushed into compulsory liquidation, despite reported attempts for a deal. The government will ...
Liberty Steel Group, part of London-based GFG Alliance, has announced plans to form a single global company with 18 million metric tons of rolled steel capacity annually through a consolidation of ...
A union chief has called on the Government to nationalise Liberty Steel’s operations and run the firm themselves if a buyer ...
The metals tycoon Sanjeev Gupta is plotting to hand control of his remaining UK steel operations to his family in a bid to ...
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