{"id":125285,"date":"2022-02-11T15:01:48","date_gmt":"2022-02-11T15:01:48","guid":{"rendered":"https:\/\/fin2me.com\/?p=125285"},"modified":"2022-02-11T15:01:48","modified_gmt":"2022-02-11T15:01:48","slug":"3000-liberty-steel-jobs-at-risk-after-hmrc-files-winding-up-order-over-unpaid-taxes","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/3000-liberty-steel-jobs-at-risk-after-hmrc-files-winding-up-order-over-unpaid-taxes\/","title":{"rendered":"3,000 Liberty Steel jobs at risk after HMRC files winding up order over unpaid taxes"},"content":{"rendered":"

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HMRC acted following the collapse of Greensill Capital – the main lender to GFG Alliance, which includes Liberty Steel.<\/p>\n

The petition is part of discussions over repayments to creditors, which unions fear could force Liberty into insolvency.<\/p>\n

The Community, Unite and GMB unions said: “This action by HMRC threatens thousands of jobs and is a devastating blow to our members and their families.<\/p>\n

“Liberty Steel is a strategically important business, crucial to delivering net zero, and under no circumstances can our plants be allowed to close.<\/p>\n

“The trade unions call on GFG and HMRC to get back around the table and hammer out a deal that provides space for the company to refinance.<\/p>\n

“The best route to protect jobs and repay HMRC and other creditors would be to enable the business to continue to trade.<\/p>\n

“Our experts have advised us that with the right framework of support Liberty Steel can have a sustainable future.”<\/p>\n

What is happening where you live? Find out by adding your postcode or visit InYourArea<\/span><\/i><\/b><\/p>\n

Liberty’s two main plants are at Rotherham and Stocksbridge in Yorkshire.<\/p>\n

An HMRC spokeman said: “We take a supportive approach to dealing with customers who have tax debts, working with them to find the best possible solution based on their financial circumstances.”<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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