Government takes control of UK’s third-largest steelworks after collapse into administration

Court ends Sanjeev Gupta’s control of Speciality Steel UK’s operations in South Yorkshire as ministers seek to save 1,450 jobsThe government has taken control of the UK’s third-largest steelworks as ministers try to protect 1,450 jobs after Liberty Steel’s operations in South Yorkshire collapsed into administration.The high court in London said on Thursday that Speciality Steel UK (SSUK), which has plants in Rotherham and Stocksbridge, would be put into administration. Continue reading...

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