Government could fork out £2bn for British Steel scheme

Michael Klimes
clock • 1 min read

The government may have to inject £2bn into the British Steel Pension Scheme to sell the Tata Steel business, according to the frontrunner to buy the assets.

Head of Liberty Group Sanjeev Gupta who is the frontrunner to buy assets from Tata Steel, was quoted in the Daily Mail saying the government may have to pay up to £3bn in total to finance a rescue ...

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