Former boss of Gupta-linked Wyelands Bank fined £120,000
The Bank of England had previously rapped Wyelands for having too much exposure to Liberty Steel owner Sanjeev Gupta’s business empire.
UK News|Jan 11
UK News
63 results - Page 1 of 5
Becks in Paris, Trent initiative, Stones celebrates – Thursday’s sporting social
We look at some of the best examples on social from April 27.
UK Sport|Apr 27, 2023
UK Sport
Gupta-linked bank Wyelands escapes £8.5m fine for series of failures
The Bank of England said it would not fine Wyelands Bank because it is in the process of winding down and has ‘very limited financial resources’.
UK News|Apr 4, 2023
UK News
Steel firm Aartee Bright Bar bought in rescue deal but Dudley site to close
Barrett is set to acquire assets of the collapsed firm by not its hot rolled business in Dudley, resulting in 45 job losses.
UK News|Mar 27, 2023
UK News
Collapsed Aartee Bright Bar to merge with Liberty Steel after rescue deal
Steel tycoon Sanjeev Gupta’s GFG Alliance acquired the collapsed firm and said it hopes to save 250 ‘viable’ steel jobs.
UK News|Feb 17, 2023
UK News
Liberty Steel to begin next phase of restructuring with up to 440 jobs affected
The firm said it will offer an alternative to redundancy through a programme which aims to retain, redeploy and reskill workers.
UK News|Jan 12, 2023
UK News
Investigation launched into Gupta accountants
King and King will be investigated for its role as auditors in signing off accounts for four Liberty Steel businesses over the past three years.
UK News|May 4, 2022
UK News
Who is Sanjeev Gupta and why have his firm’s offices been visited?
The PA agency looks at how we got here and who the key players involved are.
UK News|Apr 27, 2022
UK News
Gupta’s Liberty Steel offices visited in SFO investigation
It comes almost a year after an inquiry was launched into suspected fraud and money laundering by parent firm GFG Alliance.
UK News|Apr 27, 2022
UK News
British Business Bank checks on Greensill ‘woefully inadequate’, MPs find
The Public Accounts Committee accused the bank, which administered Covid loans, of being ‘insufficiently curious’.
UK News|Nov 20, 2021
UK News
Liberty Steel jobs in UK to be safeguarded by £50m cash injection
The cash will allow the Rotherham plant to reopen after being closed since spring.
UK News|Oct 10, 2021
UK News
David Cameron ‘made more than £7m’ from Greensill Capital
Mr Cameron’s spokesman said the former PM’s finances were a private matter.
UK News|Aug 9, 2021
UK News
Sanjeev Gupta’s GFG settles disputes with Tata Steel and Rio Tinto
The business, which owns Liberty Steel, has been restructuring amid the collapse of lender Greensill Capital.
UK News|Aug 5, 2021
UK News
Officials did not exert pressure to let Greensill lend, top civil servant says
The British Business Bank said that officials at the business department took showed an ‘unusual’ level of interest in Greensill.
UK News|Jul 22, 2021
UK News
Gupta should keep Liberty Steel despite ‘opaque financing’, minister says
Business Secretary Kwasi Kwarteng said a Government intervention to prop up Liberty Steel is not off the table.
UK News|Jul 20, 2021
UK News