MPs launch inquiry into crisis Sanjeev Gupta’s steel firm Liberty 

MPs launch inquiry into crisis at metals magnate Sanjeev Gupta’s steel firm Liberty By Daily Mail City & Finance Reporter Published: 23:14 BST, 27 April 2021 | Updated: 23:35 BST, 27 April 2021 Mps will investigate whether the Government scrutinised Liberty Steel’s finances closely enough MPs have launched an inquiry into the crisis at metals … Read more

Sanjeev Gupta faces parliamentary inquiry into Liberty Steel crisis

Metals magnate Sanjeev Gupta faces a parliamentary inquiry into the crisis at Liberty Steel By Francesca Washtell For The Daily Mail Published: 21:51 BST, 23 April 2021 | Updated: 21:51 BST, 23 April 2021 Metals magnate Sanjeev Gupta faces a parliamentary inquiry into the crisis at Liberty Steel.  MPs on the House of Commons business … Read more

Sanjeev Gupta paid £100,000 a month for flat in Belgravia he left empty

Embattled steel mogul Sanjeev Gupta was paying £100,000 a month for a luxury Belgravia residence during the pandemic at the same time as issuing a public plea to the Prime Minister for cash.  Gupta was not even inhabiting the extraordinary property, which has a basement swimming pool, as he was asking for more public money, … Read more

Sanjeev Gupta gearing up for war over steel empire

Sanjeev Gupta gearing up for war over steel empire: Liberty Steel tycoon enlists a ‘barrage of lawyers’ to defend business after lender’s collapse Gupta’s GFG Alliance, which owns Liberty Steel in the UK, is holding emergency talks to secure new financing and save 5,000 British jobs  Swiss bank Credit Suisse has petitioned a winding-up order … Read more

Liberty Steel founder Sanjeev Gupta has £31m private jet but has been begging for a £170m bailout

Belgrave Square is one of the grandest addresses in the world, featuring the lavish, white-stucco London residences of dukes, ambassadors and oligarchs. Today, one of its £42 million, Grade I-listed palaces is undergoing intensive building work. Amid soaring ceilings painted in Baroque frescoes and walls shimmering with gold leaf, chandeliers are being fitted, a luxurious … Read more

Liberty Steel founder Sanjeev Gupta has £31m private jet but has been begging for a £170m bailout

Belgrave Square is one of the grandest addresses in the world, featuring the lavish, white-stucco London residences of dukes, ambassadors and oligarchs. Today, one of its £42 million, Grade I-listed palaces is undergoing intensive building work. Amid soaring ceilings painted in Baroque frescoes and walls shimmering with gold leaf, chandeliers are being fitted, a luxurious … Read more

Sanjeev Gupta on the brink as steel crisis deepens

Fears Sanjeev Gupta’s steel empire is on the brink of collapse after creditors try to shut down one of his businesses By Francesca Washtell For The Daily Mail Published: 22:00 BST, 31 March 2021 | Updated: 22:00 BST, 31 March 2021 Fears are mounting that Sanjeev Gupta’s steel empire is on the brink of collapse … Read more

Sanjeev Gupta and Greensill ‘milked Covid loan scheme’

Sanjeev Gupta and Greensill Capital accused of using taxpayer-backed Covid support scheme to borrow eight times the maximum allowed By Daily Mail City & Finance Reporter Published: 21:50 GMT, 14 March 2021 | Updated: 21:50 GMT, 14 March 2021 Steel tycoon Sanjeev Gupta and collapsed lender Greensill Capital have been accused of using a taxpayer-backed … Read more

Sanjeev Gupta urges colleagues to cut fat in their businesses

Sanjeev Gupta urges colleagues in GFG Alliance empire to cut fat in their businesses, after group was sent reeling by collapse of Greensill Capital By Lucy White For The Daily Mail Published: 22:13 GMT, 12 March 2021 | Updated: 22:13 GMT, 12 March 2021 Sanjeev Gupta has urged colleagues in his GFG Alliance empire to … Read more

Summit over jobs as Sanjeev Gupta empire reels

Troubled steel magnate Sanjeev Gupta to hold crisis talks with unions as fears grow that his empire is teetering on the brink of collapse Thousands of jobs in Britain’s steel industry are thought to be at risk  The biggest lender to Gupta’s GFG Alliance, Greensill Capital, was thrown into turmoil and is now expected to … Read more