Gupta's Liberty Steel to restart operations, in talks with UK government



© Reuters. Steel is seen in the rolling mill following the recommissioning of the works by Liberty Steel Group at the Dalzell steel plant in Motherwell

LONDON (Reuters) – Liberty Steel UK, owned by tycoon Sanjeev Gupta, said on Monday it plans to restart steelmaking next week as it continues to seek new funding after its main funder Greensill Capital went into insolvency.

Gupta’s conglomerate GFG Alliance was also in “constructive discussions” with the UK government about potential assistance, it added in a statement.

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