Liberty Steel: Kwarteng defends rejecting request for £170m bailout

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The business secretary says the government had to ensure that any money provided would stay in the UK. …

Speaking to MPs on the Business, Energy and Industrial Strategy (Beis) Committee, the business secretary conceded that Liberty formed an important part of the supply chain, but insisted it would be “irresponsible to give money to an opaque group with assets around the world we haven’t got to the bottom of”.

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