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The Guardian - UK

Business

Joanna Partridge

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

Sanjeev Gupta Liberty Steel SSUK United Kingdom GFG Greensill

Sanjeev Gupta stands outside a steel pressing mill in Dalzell, Scotland — Sanjeev Gupta has been involved in the UK steel industry since the early 2010s. Photograph: Russell Cheyne/Reuters

Sanjeev Gupta is preparing a last-ditch attempt to save the remaining arm of his Liberty Steel business as government officials step up planning for a collapse of the business within days.

Gupta is understood to have spent the weekend planning an 11th-hour rescue deal to save the company’s Speciality Steel UK (SSUK) division days before a courtroom showdown with its creditors on Wednesday.

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