Ministers map out Liberty Steel rescue plan

The Government is preparing to trigger an emergency plan to save 5,000 British jobs in the event of a collapse of Sanjeev Gupta’s steel business.  Gupta, founder of Liberty Steel and its vast parent company GFG Alliance, wrote to Government officials on Thursday in a desperate bid to secure a £170million bailout from taxpayers.  Troubles … Read more

Russian-Israeli Tycoon set to pick up £70m from Deliveroo

Russian-Israeli billionaire who faced controversy over his stakes in Twitter and Facebook set to make nearly £70m from the blockbuster float of Deliveroo By Alex Lawson, Financial Mail On Sunday Published: 21:50 GMT, 27 March 2021 | Updated: 22:41 GMT, 27 March 2021 A Russian-Israeli billionaire who faced controversy over his stakes in Twitter and … Read more

HelloFresh’s UK boss says: ‘I’ll be taking on Deliveroo’

If you, like many of us, exhausted your recipe repertoire days into lockdown, HelloFresh’s Laurent Guillemain may have a solution for you.  The meal kit giant has been supercharged by the pandemic with its offer of convenience for homebound Brits. The son of a Frenchman says HelloFresh’s business model means not only ditching the weekly … Read more