Crisis for Gupta triggers halt to £10m state-funded tech trial 

Crisis at Gupta’s metals empire triggers halt to £10m state-funded tech trial Trials of software to improve efficiency were to take place at two of his plants   However, Gupta’s Liberty Steel last week put seven UK plants up for sale By Alex Lawson For The Mail On Sunday Published: 22:16 BST, 29 May 2021 | … Read more

Gupta in talks over £200m lifeline for UK steel plants

Gupta’s Liberty Steel in talks over £200m lifeline to save its 12 UK steel plants and safeguard 3,000 jobs By Francesca Washtell For The Daily Mail Published: 22:35 BST, 6 May 2021 | Updated: 22:35 BST, 6 May 2021 Liberty Steel is in talks to secure a £200million cash lifeline that could keep its 12 … Read more

Gupta signals break up of steel empire sparking fears for 3,000 jobs

Gupta signals break up of steel empire: Crisis sparks fresh fears for 3,000 jobs at plants across the UK By Francesca Washtell For The Daily Mail Published: 21:50 BST, 5 May 2021 | Updated: 21:50 BST, 5 May 2021 Sanjeev Gupta has signalled the break-up of his steel empire in a move that throws Britain’s … Read more

UK steel town Stocksbridge at heart of the Gupta – Greensill crisis

Workers at Britain’s most advanced steelworks are hoping against hope that owner Sanjeev Gupta can keep their site going as he battles to obtain funding after the collapse of lender Greensill Capital. The future of the giant plant in Stocksbridge, in South Yorkshire – which makes specialist steel for use in aviation, aerospace, defence and … Read more

Sanjeev Gupta faces parliamentary inquiry into Liberty Steel crisis

Metals magnate Sanjeev Gupta faces a parliamentary inquiry into the crisis at Liberty Steel By Francesca Washtell For The Daily Mail Published: 21:51 BST, 23 April 2021 | Updated: 21:51 BST, 23 April 2021 Metals magnate Sanjeev Gupta faces a parliamentary inquiry into the crisis at Liberty Steel.  MPs on the House of Commons business … Read more

Gupta faces legal battle over takeover of Tata’s steel plant

Gupta faces legal battle over £100m takeover of rival Tata’s speciality steel operations By Daily Mail City & Finance Reporter Published: 23:10 BST, 22 April 2021 | Updated: 23:10 BST, 22 April 2021 Sanjeev Gupta faces a legal battle over his £100million takeover of a rival’s speciality steel operations. The embattled tycoon’s empire bought the … Read more

Sanjeev Gupta paid £100,000 a month for flat in Belgravia he left empty

Embattled steel mogul Sanjeev Gupta was paying £100,000 a month for a luxury Belgravia residence during the pandemic at the same time as issuing a public plea to the Prime Minister for cash.  Gupta was not even inhabiting the extraordinary property, which has a basement swimming pool, as he was asking for more public money, … Read more

Sanjeev Gupta gearing up for war over steel empire

Sanjeev Gupta gearing up for war over steel empire: Liberty Steel tycoon enlists a ‘barrage of lawyers’ to defend business after lender’s collapse Gupta’s GFG Alliance, which owns Liberty Steel in the UK, is holding emergency talks to secure new financing and save 5,000 British jobs  Swiss bank Credit Suisse has petitioned a winding-up order … Read more

Liberty Steel founder Sanjeev Gupta has £31m private jet but has been begging for a £170m bailout

Belgrave Square is one of the grandest addresses in the world, featuring the lavish, white-stucco London residences of dukes, ambassadors and oligarchs. Today, one of its £42 million, Grade I-listed palaces is undergoing intensive building work. Amid soaring ceilings painted in Baroque frescoes and walls shimmering with gold leaf, chandeliers are being fitted, a luxurious … Read more