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The Latest Breaking News from Liberty Steel

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 Guardian - 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.

The Independent UK

Hundreds of jobs at risk as Liberty Steel mothballs manufacturing sites in Wales

The firm will stop production at its sites in Newport and Tredegar

Wales Online

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Liberty Steel UK announce plans to shed more than 400 jobs in major restructure

Steel unions say it is a huge blow to the UK steel sector

Birmingham Post

Hundreds of Liberty Steel jobs at risk as firm announces fresh wave of cuts

The company delivered a fresh blow to the sector this morning as the industry battles high energy costs and struggles to compete with foreign rivals

Daily Mirror

Government accused of ‘deception’ over liability for steelworks clean-up costs

Documents obtained by the Scottish Liberal Democrat's put Business Minister Ivan McKee in the frame

Insider UK

Liberty Steel Group says it is nearing deal with Credit Suisse and Greensill

Sanjeev Gupta-owned firm stands to win reprieve from creditors’ insolvency proceedings

The Guardian - UK

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Scottish ministers asked to explain £330m taxpayer-backed deal with metal tycoon

Sanjeev Gupta has been revealed to have paid just £5 towards the acquisition of the Lochaber smelting plant

Insider UK

Liberty Steel reaches debt agreement with Greensill

Company says it is operationally strong, 'despite some economic headwinds'

Insider UK

Labour says it can prove Starmer’s team worked past 1am on Beergate night

Exclusive: party to present dossier of evidence to police claiming curry and beers were part of working day

The Guardian - UK

FRC launches inquiries into audits of four Liberty Steel companies

Watchdog to investigate King & King’s statutory audits of companies, owned by metals tycoon Sanjeev Gupta

The Guardian - UK

UK regulators launch investigation into Sanjeev Gupta's accountant

Accountancy watchdog will probe the accounts of the company behind Liberty's Lochaber factory

Insider UK

Investigation launched into Gupta accountants

King and King will be investigated for its role as auditors in signing off accounts for four Liberty Steel businesses over the past three years.

The Independent UK

Serious Fraud Office raid Liberty Steel offices as part of money laundering probe

It follows the French national police visiting the group's Paris offices and former metal manufacturing site in Dunkirk

Insider UK

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The Guardian - UK

Serious Fraud Office requests documents at Gupta-linked firms

UK offices of companies owned by industrialist targeted as part of money laundering inquiry

The Guardian - UK

Liberty Steel to cut 200 jobs but create up to 160 more in plant move

Jobs set to go at Stocksbridge in South Yorkshire and at West Bromwich, but new posts to be created at Rotherham

Birmingham Post

Liberty aims to inspire students to take the green jobs route while renewing Rotherham

New pilot programme launched in South Yorkshire by steel giant and major employer

Insider UK

HMRC withdraws petition to wind up Liberty Steel after 'significant' investment

The company has received further funding to help save sites and jobs across the UK

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The Guardian - UK

HMRC withdraws winding-up petitions against four Liberty Steel firms

Threat to 3,000 jobs appears to have receded but GFG consulting on possible closure of Coventry factory

Daily Mirror

Hundreds of steel jobs at risk as Liberty fails to sell Coventry pressing plant

A mandatory 45-day consultation has begun at Liberty Steel Pressing Solutions after tycoon Sanjeev Gupta abandoned attempts to sell the factory after 11 months

Birmingham Post

Thousands of jobs saved as Liberty Steel staves off HMRC winding up petition with cash injection

Shareholder investment at South Yorkshire giant

Birmingham Post

Council leaders pledge support to Liberty Steel after winding-up order

The company's Stocksbridge site is a key employer in Sheffield and Rotherham

Insider UK

Job fears over winding up order against Liberty Steel

Willie Rennie calls for reassurances from the Scottish Government over the jobs at Dalzell and Clydebridge

The Guardian - UK

Thousands of Liberty Steel jobs at risk in England as HMRC files winding-up order

Unions condemn move as ‘devastating blow’ saying plants must remain open

Birmingham Post

Steel giant Liberty responds to HMRC filing winding up petition with 3,000 jobs at risk

Loss of lender Greensill Capital started huge restructuring project with millions invested - now bosses are pleading for more time at key juncture

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