The Government will step in as administrator if factory cannot secure BlackRock rescue deal
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The Government will step in as administrator if factory cannot secure BlackRock rescue deal
The Government will step in as administrator if factory cannot secure BlackRock rescue deal
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UK’s third largest steelworks collapses putting 1,450 jobs at risk

Sanjeev Gupta lines up BlackRock on deal to buy key steel business out of insolvency

UK's third-largest steelworks collapses into government control

British Government to Rescue Another Ailing Steel Maker

Last-ditch deal with US investment firm could safeguard up to 1,500 jobs at Yorkshire plant

The government has taken control of the plant until a buyer is found

Without immediate and continuing government support, the steel industry’s existence could be measured in months

Move sets up clash between metals magnate and creditors including UBS that are owed hundreds of millions of dollars

The steelworks has been under government control for almost a year, but leglistation to nationalise it will be put forward this…

Hundreds of Liberty Steel workers in Rotherham and Sheffield face an uncertain future.