UK trade unions have asked the government to support Liberty Steel, saying the government needs to take positive action to prevent threats posed by the bankruptcy of Greensill Capital, Liberty Steel's main lender.
Unions said Liberty Steel is seeking business continuity funds. Parent company Liberty Steel is in talks with financial institutions to diversify funds.
Greensill Capital previously filed for bankruptcy as the GFG Alliance was unable to repay the loan.
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UK unions call on government to support Liberty Steel
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Azovpromstal® 11 March 2021 г. 11:07 |