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
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
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
Tycoon Sanjeev Gupta has asked the Government for a £170million emergency bailout to save Liberty Steel – as his wife begins a revamp of their lavish London mansion. The firm is understood to have appealed to the Government for financial support after its main backer, Greensill Capital, went bust earlier this month. Mr Gupta, whose GFG Alliance owns … Read more
Tycoon Sanjeev Gupta has asked the Government for a £170million emergency bailout to save Liberty Steel – as his wife begins a revamp of their lavish London mansion. The firm is understood to have appealed to the Government for financial support after its main backer, Greensill Capital, went bust earlier this month. Mr Gupta, whose GFG Alliance owns … Read more
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 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
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
Sanjeev Gupta stops repayments to troubled lender Greensill Capital amid threat to UK steel jobs By Lucy White For The Daily Mail Published: 21:51 GMT, 4 March 2021 | Updated: 21:51 GMT, 4 March 2021 The business empire headed by steel tycoon Sanjeev Gupta has stopped making payments to troubled lender Greensill Capital as it … Read more
Greenshill crisis threatens British steel worker jobs as it casts shadow over Sanjeev Gupta’s empire By Francesca Washtell For The Daily Mail Published: 22:17 GMT, 2 March 2021 | Updated: 22:17 GMT, 2 March 2021 The crisis at Greensill Capital has cast a shadow over the business empire of Sanjeev Gupta – raising fears for … Read more