UK takes over Liberty Steel plants tied to Indian-British tycoon Sanjeev Gupta
The UK government has stepped in to take control of Liberty Steel’s South Yorkshire operations, placing 1,450 jobs under state protection after a London court ordered the winding up of Speciality Steel UK (SSUK). The intervention marks a blow for Indian-British tycoon Sanjeev Gupta, whose group has been struggling to secure financing since the collapse…