Main Menu

Tag: Liberty Steel

Probe launched

Serious Fraud Office to investigate Gupta empire

Liberty Steel
Liberty Steel is a key part of the group The Serious Fraud Office (SFO) said today it is launching a fraud and money laundering investigation into steelworks owner Sanjeev Gupta’sRead More

Funding sought

Liberty Steel to restart production as talks go on

LIberty-Steel-Dalzell
Steel plate manufacturing in Dalzell (pic: Liberty Steel) Industrialist Sanjeev Gupta expects his Liberty Steel plants to restart next week as it insists talks on refinancing the group are ongoing, as wellRead More

Steel setback

Liberty Steel concerns grow as rescue plea rejected

Sanjeev Gupta
Sanjeev Gupta: appealed for funds Liberty Steel’s future was looking increasingly precarious after the UK government rejected its parent company’s request for a £170m rescue loan. Industrialist Sanjeev Gupta hopedRead More

Holyrood exposed

Gupta’s GFG in talks to secure new finance deal

Sanjeev Gupta
Sanjeev Gupta: talks Talks are ongoing to salvage entrepreneur Sanjeev Gupta’s metals empire as attention focuses on the Scottish government’s exposure to its mounting debts. Mr Gupta’s GFG Alliance, embracingRead More

Talks with backer

Steel jobs at risk as Gupta’s lender Greensill collapses

Dalzell
The Gupta business bought the Dalzell works Britain’s steel industry is one again facing huge uncertainty after the principal financial backer of one of the UK’s largest industrial groups fellRead More

New opportunities sought for plant

Scottish steel ‘back on its feet’ and securing orders

Derek Mackay at Dalzell steel works Motherwell
Scotland's revived steelworks is winning orders and challenging the foreign plate producers which have dominated the UK supply market.

Workers hired for start of production

Steel cutting marks Dalzell plant’s imminent rebirth

Dalzell
Dalzell steelworks at Motherwell has moved a step closer to reopening as the newly-recruited workforce began cutting steel slabs.