Liberty Steel tycoon Sanjeev Gupta has promised thousands of UK workers facing uncertainty after the collapse of lender Greensill that he will not close any of its plants.In an interview with Sky News, Mr Gupta gave a bullish assessment of prospects for the business – while admitting the collapse was a “shock to the system”.
He said his business empire had already been in the process of switching away from Greensill as a source of financing and that his only regret was not doing so earlier.
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The Liberty plant at Rotherham is part of Mr Gupta’s steel empire
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