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LONDON DAILY ARCHIVE

Sanjeev Gupta Pushes Rescue Plan for Liberty Steel UK

Move aims to preserve jobs and secure long-term future of operations

18 August 2025 · 00:22 UTC

Steel magnate Sanjeev Gupta is preparing a last-ditch plan to save the UK specialty arm of Liberty Steel, as the business faces mounting financial pressure.

The proposal is expected to focus on refinancing key parts of the company in an effort to safeguard jobs and stabilize operations amid industry headwinds.