Try GOLD - Free
Ministers line up managers in case Liberty Steel is wound up
The Guardian
|August 21, 2025
Ministers have lined up special managers to run Liberty Steel's South Yorkshire operations if they are put into administration, according to a revelation at the high court.
The development shows that the government is ready to step in immediately to secure the continued operations of the Speciality Steel UK (SSUK), which employs 1,450 people at the group's operations in Rotherham and Stocksbridge.
The fate of the steelworks could be decided as soon as this week.
SSUK's creditors are seeking a compulsory winding-up order, the high court heard yesterday. The company asked to adjourn the hearing to buy time to try to agree a "pre-pack" administration that would allow its owner, the metals tycoon Sanjeev Gupta, to keep control of the insolvent company.
This story is from the August 21, 2025 edition of The Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Guardian
The Guardian
'It builds up' Virus piles pressure on stretched hospital staff
Amir Hassan, an emergency medicine consultant and divisional medical director at Epsom and St Helier university hospitals trust, describes life in a hospital coping with an increase in flu cases.
2 mins
December 12, 2025
The Guardian
Zelenskyy's doubts over 'free zone' in Ukraine
The US wants Ukraine to withdraw its troops from the Donbas, with Washington then creating a “free economic zone” in the parts of the region Kyiv currently controls, Volodymyr Zelenskyy has said.
3 mins
December 12, 2025
The Guardian
UK facing worst winter flu crisis within a fortnight as cases surge
The NHS is bracing itself for its worst ever winter crisis descending in the next fortnight because of a worsening \"flu-nami\" that has left hospitals, GP surgeries and ambulances services under intense strain.
4 mins
December 12, 2025
The Guardian
Witness tells of Ukrainian journalist's final days in remote Russian prison
Details of the last days in captivity of the Ukrainian journalist Viktoriia Roshchyna, who died last year, have emerged with the witness account of a soldier who was with her when she was transported to a prison deep inside Russia.
4 mins
December 12, 2025
The Guardian
MPs round on US for 'rightwing tropes' with echoes of 1930s
The US is engaging in “extreme rightwing tropes” with echoes of the 1930s and threatening “chilling” interference in European democracies, British MPs warned government ministers yesterday.
3 mins
December 12, 2025
The Guardian
School head responds to claims of Farage abuse
Dulwich college’s headteacher has responded to allegations of teenage racism by Nigel Farage by saying he recognised the “seriousness of the behaviours described in the media”.
3 mins
December 12, 2025
The Guardian
Perilous journey: Laureate fled by sea, like many before her
Thousands of Venezuelan migrants have braved the seas off Falc6n state in recent years, fleeing their shattered homeland towards the Caribbean islands of Aruba and Curacao in rickety wooden boats called yolas. Many lost their lives in the attempt.
3 mins
December 12, 2025
The Guardian
'Monumental betrayal'
Angry fans accuse Fifa over 'extortionate' World Cup tickets
2 mins
December 12, 2025
The Guardian
Theatre review Sondheim's glorious Grimm mashup is brilliantly drawn
Can Stephen Sondheim and James Lapine’s eternally imaginative Grimm brothers mashup ever disappoint, when its book is so clever and it is driven by the most gorgeous (if tricky) music?
2 mins
December 12, 2025
The Guardian
Machado Opposition leader says US seizure of ship was 'necessary'
Venezuela’s best-known opposition leader, the Nobel peace prize winner Maria Corina Machado, said she supported the US seizure of an oil tanker off Venezuela’s coast, calling it a “very necessary step” to confront Nicolas Maduro’s “criminal” regime.
4 mins
December 12, 2025
Listen
Translate
Change font size