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Liberty Steel to sell off Yorkshire site as part of rescue deal business-live.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-live.co.uk Daily Mail and Mail on Sunday newspapers.
Calls for plan B as Liberty Steel sale puts jobs under threat
Mon, 24th May 2021 20:39
(Alliance News) - The government must ensure a steel plant on the outskirts of Sheffield will remain open, the Labour Party has said, after Liberty Steel Group announced it was looking for a buyer for a number of sites.
London-based Liberty Steel announced on Monday that it is looking for a buyer for its aerospace and steel business in Stocksbridge as part of a major restructuring in the wake of its main financial backer, Greensill Capital Pty, collapsing in March.
The company has also started a formal sale process for Coventry s Liberty Pressing Solutions, and Liberty Aluminium Technologies, which has sites in Essex and Kidderminster.