The British government is set to take over the running of a major part of Sanjeev Gupta ’s Liberty Steel business, after one of the UK’s largest steelworks was declared insolvent in London’s High ...

The move, which comes after a court-approved liquidation of Speciality Steel, is meant to preserve jobs and domestic ...

The UK government is preparing to line up managers to take control of tycoon Sanjeev Gupta’s steelworks should they fall into ...

An asset-based loan from BlackRock would be made on a high-interest basis, while another claimed backer, Fidera, is said to ...

Indian industrialist says Greensill Capital holds security over debts paid more than two years ago and is blocking the ...

Metals magnate Sanjeev Gupta is lining up a last-ditch bid to retain control of his ailing UK steel empire with the help of ...

The UK government has stepped in to run Sanjeev Gupta’s Rotherham steelworks after a High Court ruling, rescuing 1,500 jobs ...

Gupta and his companies have struggled ever since their major funder, Greensill Capital, collapsed into insolvency in 2021.

Move sets up clash between metals magnate and creditors including UBS that are owed hundreds of millions of dollars ...

The official receiver is to take over operations of tycoon Sanjeev Gupta’s biggest steelmaking operation, looking to save ...

The Government is poised to take over operations at Britain’s third largest steelworks in a bid to save 1,500 jobs at Sanjeev Gupta’s Rotherham-based factory.

The UK took control of one of the country’s largest steelworks after a firm owned by the beleaguered tycoon Sanjeev Gupta was ...