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Insider UK
Insider UK
National
John Glover

Job fears over winding up order against Liberty Steel

Liberty Steel Liberty HMRC Scottish Government United Kingdom Willie Rennie

Unions have raised fears that thousands of jobs are under threat after a winding up order was filed against Liberty Steel.

HM Revenue & Customs has issued a winding up petition following the collapse of Greensill Capital – the main lender to GFG Alliance, the group which includes Liberty Steel.

The petition is part of discussions over repayments to creditors, which unions fear could force Liberty into insolvency.

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