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161 Search results for Sanjeev Gupta

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  • Mark Kleinman: What’s in store for the Square Mile in 2026?

    Business

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Not great, not awful: a fair summary of my corporate predictions for 2025. On the plus side, I was right to forecast a bid for ITV, or at least part of it, and correct that Thames [...]

    Mark Kleinman is Sky News' City Editor and writes a column for City AM
  • FTSE 100 Live: Blow for Reeves as economy shrank ahead of Budget

    Markets

    Good morning and welcome back to the City AM liveblog. Today fresh economic data has given another crucial assessment of the Chancellor’s growth agenda. The UK economy shrank 0.1 per cent in October as businesses paused investments amid consistent rumours around upcoming tax hikes in Rachel Reeves’ second Autumn Budget. A Bloomberg poll of City economists had predicted the Office [...]

    Live blog placeholder image for a general news article on a business website, featuring a neutral background and subtle de...
  • Auditor MHA queried source of funds in Sanjeev Gupta-owned firms before resigning

    Business

    MHA queried the source of funds for various intercompany transactions before resigning from an engineering firm owned by metals magnate Sanjeev Gupta, City AM can reveal. The London-listed accounting firm has stepped down as auditor of Wolverhampton-based Clydesdale Engineering, an automotive and defence manufacturer owned by Gupta’s Liberty Steel Group, part of his GFG Alliance [...]

    Sanjeev Gupta speaking at a business conference, wearing a suit, addressing sustainability in the steel industry.
  • FTSE 100 Live: Reeves scrutinised, Fed interest rates decision, stocks suffer

    December 10, 2025

    Good morning and welcome back to the City AM liveblog covering the FTSE 100 and other big market moves. Rachel Reeves is set for a showdown with MPs on the Treasury Select Committee later today while the Federal Reserve is expected to slash interest rates by 25 basis points by the evening. Reeves will begin [...]

  • Auditor MHA resigns from Sanjeev Gupta-owned engineering firm

    December 9, 2025

    MHA has resigned as auditor for a subsidiary of the beleaguered metals group controlled by tycoon Sanjeev Gupta, City AM can reveal. The London-listed accounting firm has stepped down as auditor of Wolverhampton-based Clydesdale Engineering, an automotive and defence manufacturer owned by Gupta’s Liberty Steel Group, part of his GFG Alliance conglomerate. MHA declined to [...]

  • Mark Kleinman: Out of the frying pan and into the furnace for UK steel

    December 4, 2025

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Out of the frying pan and into the furnace for UK steel Death knells and the British steel industry have made uncomfortably common bedfellows in recent years. All three of the country’s biggest steelworks – including [...]

  • Mark Kleinman: Gupta steeled for high-wire act to end without Liberty

    August 28, 2025

    Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Gupta steeled for high-wire act to end without Liberty It’s crunch time – again. For Sanjeev Gupta, brushes with insolvency are nothing new. The steel tycoon has turned the process of snatching victory from the jaws of [...]

  • Nostalgia won’t save the steel industry, no matter how hard Labour tries

    August 25, 2025

    As the government takes control of another beleaguered steel works, Eliot Wilson asks what, exactly, the long-term plan is?

  • Government takes control of UK’s third-largest steelworks after collapse

    August 21, 2025

    The UK government has taken control of the country’s third-largest steelworks as near 1,500 workers face uncertainty. Speciality Steels UK (SSUK), which owns major sites such as Liberty Steel in Rotherham, South Yorkshire, was put into compulsory liquidation after insolvency courts granted a winding-up order sought by creditors. The creditors said they were owned hundreds [...]

  • Rishi Sunak will donate Goldman Sachs salary to charity

    July 8, 2025

    Former Prime Minister Rishi Sunak has rejoined Goldman Sachs as a senior adviser, adding to post-government roles he holds while still sitting as an MP, though his salary from the investment banking giant will be donated to a maths charity. Sunak worked at Goldman Sachs as a summer intern in 2000 and as an analyst [...]

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