Unions condemn move as ‘devastating blow’ saying plants must remain open
As many as 3,000 workers in five of Sanjeev Gupta’s Liberty Steel plants across England face losing their jobs after HM Revenue and Customs filed petitions to wind up their operating companies over unpaid taxes.
Gupta’s GFG Alliance metals empire could be at risk if four Liberty companies fail to reach an agreement with HMRC and other creditors, following a year of struggles after the collapse of Greensill Capital, its main lender.
Speciality Steel UK, which employs close to 2,000 people at Rotherham and Stocksbridge in South Yorkshire.
Liberty Merchant Bar at Scunthorpe in North Lincolnshire.
Liberty Performance Steels Ltd at West Bromwich in the West Midlands.
Liberty Pipes at Hartlepool in County Durham.
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