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Government supporting four out of six of UK’s steel companies
Sanjeev Gupta’s Liberty Speciality Steel became the latest to require the government to intervene this week, just four months after the state took control of British Steel. Labour has also provided £500mn subsidy to Tata Steel and a further £426mn to Sheffield Forgemasters, which the state has owned for four years.
The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic ...
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 ...
Hot steel wire works its way through machinery at Liberty Steel's Georgetown mill on April 28, 2023. Mike Woodel/Staff By Mike Woodel [email protected] ...
Government’s Official Receiver files application to appoint ‘special manager’ if business goes into liquidation ...
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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