18 Mar 2021

Liberty Steel: Labour call for govt to save thousands of jobs at risk at plants across UK

Economics Correspondent

Labour is calling on the Government to step in and save Liberty Steel in order to safeguard thousands of jobs at plants around the UK.

The company’s main lender, Greensill Capital, collapsed last week throwing the future of its 12 UK plants and thousands of jobs into doubt.

The boss of Liberty Steel’s parent company, Sanjeev Gupta, says he’s committed to keeping the UK business sustainable. But amid the perfect storm of pandemic, energy price rises and financial uncertainty – can he keep that pledge?