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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.
Speciality Steel UK has been pushed into compulsory liquidation, despite reported attempts for a deal. The government will ...
The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic ...
A union chief has called on the Government to nationalise Liberty Steel’s operations and run the firm themselves if a buyer ...
With a bank holiday weekend fast approaching, workers may only receive their wages on Tuesday unless payments are made as a ...
As the government takes control of another beleaguered steel works, Eliot Wilson asks what, exactly, the long-term plan is?
Administration of Liberty Specialist Steel’s site in Rotherham, South Yorkshire, will pass to the official receiver - ...
The metals tycoon Sanjeev Gupta is plotting to hand control of his remaining UK steel operations to his family in a bid to ...
Government’s Official Receiver files application to appoint ‘special manager’ if business goes into liquidation ...
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