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The Latest Breaking News from Liberty Steel

‘Hopelessly insolvent’: how ‘saviour of steel’ Sanjeev Gupta’s global empire unravelled

This week’s collapse of the tycoon’s Yorkshire operations brought relief for some. It echoes insolvency steps at 15 of his companies

The Guardian - UK

Government to cover pay and pensions at collapsed South Yorkshire steelworks

Unions receive assurances after state takes control of Liberty Steel plants that were put into administration

The Guardian - UK

Steel workers face ‘huge uncertainty’ after Government takeover – union

Charlotte Brumpton-Childs, GMB national officer, told the BBC that workers have dealt with a ‘yo-yo’ while the matter went through the courts.

Evening Standard

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Government takes over Liberty Steel’s South Yorkshire plants to protect 1,450 jobs

Court ends Sanjeev Gupta’s control of UK’s third-largest steelworks as ministers seek to save 1,450 jobs

The Guardian - UK

Ministers line up plan to run Liberty Steel’s South Yorkshire plants in administration

Court is shown proposal to secure operations of SSUK, which employs 1,450 people

The Guardian - UK

Sanjeev Gupta readies last-ditch plan to save UK speciality arm of Liberty Steel

Attempt to secure pre-pack administration deal comes as government officials step up planning for its collapse

The Guardian - UK

HMRC files winding-up petition against Sanjeev Gupta’s Liberty Steel pipes business

Hartlepool company says it has settled all payments but court filing is sign of pressure on tycoon’s empire

The Guardian - UK

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UK government considers rescue package for second major steel plant this year

Exclusive: Speciality Steel UK, which employs 1,450 people in South Yorkshire, could be supported if it enters administration

The Guardian - UK

Liberty Steel’s South Yorkshire operations lost £340m in four years

Exclusive: court documents lay bare crisis at Sanjeev Gupta’s steelworks as it struggles to find buyers in face of looming liquidation

The Guardian - UK

Liberty Steel has not produced anything at two key plants since July 2024

Lack of work at Rotherham and Motherwell sites highlights financial crisis at UK’s third-biggest steel producer

The Guardian - UK

British Steel to keep Scunthorpe blast furnaces operating past Christmas

Confirmation follows progress at talks over government support for switch to less polluting technology

The Guardian - UK

It’s been seven years since the ‘saviour of steel’ arrived in Whyalla. But hopes for a green transition are fading

The global race to upgrade coal operations is proving difficult. At South Australia’s struggling steelworks, taken over by Sanjeev Gupta’s firm, jobs have been lost and promises to invest remain unfulfilled

The Guardian - AU

Steelworkers march on Parliament demanding help to save 'crisis-hit' industry

Hundreds of steelworkers converged on Westminster to highlight the threat to their industry and call on the Government to help the switch the "green steel"

Daily Mirror

Wyelands Bank rebuked by Bank of England for regulatory failings

Central bank decides against £8.5m fine because of collapsed firm’s ‘limited resources’

The Guardian - UK

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Daily Mirror

Australian green steel deal shows UK industry how to do it, say campaigners

Liberty Steel has struck a deal with the Australian government to support its switch to an electric arc furnace at its Whyalla plant - and unions believe it shows how cooperation can benefit the sector

ABC News

Whyalla moves closer to emissions-free production as Liberty Steel signs electric furnace contract

The company behind the Whyalla steelworks signs a $485 million deal that could end the use of coal in making steel in Whyalla.

The New Daily

South Australian coal-based steel to go green

Liberty Steel is set to dump coal-based steelmaking at Whyalla in South Australia with a major investment in electrical and hydrogen-powered alternatives.

AAP

Major phase out of South Australian coal-based steel

Liberty Steel is set to dump coal-based steelmaking at Whyalla in South Australia with a major investment in electrical and hydrogen-powered alternatives.

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news in one place.

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Daily Mirror

Steel rescue plan could save 250 jobs if court agrees, says Liberty Steel boss

The High Court in Manchester will tomorrow hear an application by GFG Alliance to overturn the administration process slapped on Aartee Bright Bar last month

The Independent UK

Government ‘negligence’ to blame for steel firm’s collapse, says union

British steel business Aartee Bright Bar called in administrators on Tuesday.

Daily Mirror

British Steel owner faces calls to halt 'unacceptable' plan to cut 800 jobs

Scunthorpe's Tory MP triggered an emergency Commons debate after the company warned of potential redundancies as energy costs soar and pressure on the industry to slash emissions grows

Daily Mirror

Fears for 800 British Steel jobs amid siren warnings for industry's future

Unions demanded answers from the firm as reports suggest staff posts could be at risk as the threats to the struggling sector continue to mount - raising concerns about its viability

Wales Online

'£300m for Port Talbot steelworks falls woefully short of what's needed to save the Welsh steel industry'

Cardiff Central MP Jo Stevens and Newport West MP Jessica Morden argue the government is putting the steel industry's future at risk

The Guardian - UK

Liberty Steel plans to cut 440 jobs in UK and reduce production

Union condemns Gupta group ‘switch from substantial investment’ to idling plant and curbing output

The Independent UK

Liberty Steel to begin next phase of restructuring with up to 440 jobs affected

The firm said it will offer an alternative to redundancy through a programme which aims to retain, redeploy and reskill workers.

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