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

Sanjeev Gupta on the brink as steel crisis deepens

Fears Sanjeev Gupta’s steel empire is on the brink of collapse after creditors try to shut down one of his businesses By Francesca Washtell For The Daily Mail Published: 22:00 BST, 31 March 2021 | Updated: 22:00 BST, 31 March 2021 Fears are mounting that Sanjeev Gupta’s steel empire is on the brink of collapse … Read more

Tycoon Sanjeev Gupta asks Government for £170million of taxpayers’ cash

Tycoon Sanjeev Gupta has asked the Government for a £170million emergency bailout to save Liberty Steel – as his wife begins a revamp of their lavish London mansion.      The firm is understood to have appealed to the Government for financial support after its main backer, Greensill Capital, went bust earlier this month. Mr Gupta, whose GFG Alliance owns … Read more

Tycoon Sanjeev Gupta asks Government for £170million of taxpayers’ cash

Tycoon Sanjeev Gupta has asked the Government for a £170million emergency bailout to save Liberty Steel – as his wife begins a revamp of their lavish London mansion.      The firm is understood to have appealed to the Government for financial support after its main backer, Greensill Capital, went bust earlier this month. Mr Gupta, whose GFG Alliance owns … Read more

Sanjeev Gupta and Greensill ‘milked Covid loan scheme’

Sanjeev Gupta and Greensill Capital accused of using taxpayer-backed Covid support scheme to borrow eight times the maximum allowed By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 March 2021 | Updated: 21:50 GMT, 14 March 2021 Steel tycoon Sanjeev Gupta and collapsed lender Greensill Capital have been accused of using a taxpayer-backed … Read more

Sanjeev Gupta urges colleagues to cut fat in their businesses

Sanjeev Gupta urges colleagues in GFG Alliance empire to cut fat in their businesses, after group was sent reeling by collapse of Greensill Capital By Lucy White For The Daily Mail Published: 22:13 GMT, 12 March 2021 | Updated: 22:13 GMT, 12 March 2021 Sanjeev Gupta has urged colleagues in his GFG Alliance empire to … Read more

Gupta sounds alarm over his UK steel business after Greensill collapse

Sanjeev Gupta sounds alarm over his UK steel business: Thousands of jobs at risk after Greensill collapse By Francesca Washtell For The Daily Mail Published: 22:46 GMT, 9 March 2021 | Updated: 22:46 GMT, 9 March 2021 Sanjeev Gupta warned his UK business was in serious trouble after the largest lender to his group of … Read more

Summit over jobs as Sanjeev Gupta empire reels

Troubled steel magnate Sanjeev Gupta to hold crisis talks with unions as fears grow that his empire is teetering on the brink of collapse Thousands of jobs in Britain’s steel industry are thought to be at risk  The biggest lender to Gupta’s GFG Alliance, Greensill Capital, was thrown into turmoil and is now expected to … Read more

Gupta steel empire in crisis talks with Government over jobs

Steel firm owned by Sanjeev Gupta in crisis talks with government officials as fears mount that financing behind industrialist’s empire is unravelling By Francesca Washtell For The Daily Mail Published: 21:52 GMT, 5 March 2021 | Updated: 21:52 GMT, 5 March 2021 The steel firm owned by Sanjeev Gupta is in crisis talks with government … Read more

Sanjeev Gupta stops repayments to troubled lender Greensill Capital

Sanjeev Gupta stops repayments to troubled lender Greensill Capital amid threat to UK steel jobs By Lucy White For The Daily Mail Published: 21:51 GMT, 4 March 2021 | Updated: 21:51 GMT, 4 March 2021 The business empire headed by steel tycoon Sanjeev Gupta has stopped making payments to troubled lender Greensill Capital as it … Read more