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The Independent UK
The Independent UK
Business
Pa Business Staff

UK’s third largest steelworks collapses putting 1,450 jobs at risk

The government has taken control of the UK’s third largest steelworks in a bid to save 1,450 jobs at the site.

The high court confirmed on Thursday that Speciality Steel – previously part of Sanjeev Gupta’s Liberty Steel business – would face a compulsory liquidation.

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