Liberty Steel bailout plea turned down

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The government refuses a request for £170m to support the struggling metals group. …

“The financial structure and the tie in to the Greensill administration is very complex so I’m not surprised by this but, as we’ve been calling for two or three weeks now, the government really does need to lay out a plan B for what it is going to do to support domestic steel making and retain these cutting edge viable plants in the UK.”

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