30/04/2019

Commenting on the British broadcaster BBC, British Labor Minister Kwarteng stated that all options for the protection of employment at Liberty Steel, including expropriation, are on the table, "We still think that the steel industry has a future in Britain." used the expression.

Kwarteng said that the Gupta Family Group (GFG), to which the company is affiliated, is not helping to rectify the current situation. Defending that the structure of the group to which the company is affiliated is not transparent, Kwarteng said, "We are the protector of the money of taxpayers. If we had given the money to the company, there was no guarantee that this money would remain in the country and the employment would be protected." found the assessment.

In the statement made by GFG, which Liberty Steel is affiliated with, it was stated that the operations in England were affected by the decrease in demand due to the new type of coronavirus (Kovid-19) epidemic, and this situation negatively affected the financial structure of the company.

Liberty Steel currently employs 3 thousand people directly and 2 thousand people in its sub-industry facilities.

Liberty Steel"s affiliate GFG had previously requested £ 170 million from the British government to overcome the company"s financial problems. The government denied this request.

Commenting on the British broadcaster BBC, British Labor Minister Kwarteng stated that all options for the protection of employment at Liberty Steel, including expropriation, are on the table, "We still think that the steel industry has a future in Britain." used the expression.

 

Kwarteng said that the Gupta Family Group (GFG), to which the company is affiliated, is not helping to rectify the current situation. Defending that the structure of the group to which the company is affiliated is not transparent, Kwarteng said, "We are the protector of the money of taxpayers. If we had given the money to the company, there was no guarantee that this money would remain in the country and the employment would be protected." found the assessment.

In the statement made by GFG, which Liberty Steel is affiliated with, it was stated that the operations in England were affected by the decrease in demand due to the new type of coronavirus (Kovid-19) epidemic, and this situation negatively affected the financial structure of the company.

Liberty Steel currently employs 3 thousand people directly and 2 thousand people in its sub-industry facilities.

Liberty Steel"s affiliate GFG had previously requested £ 170 million from the British government to overcome the company"s financial problems. The government denied this request.