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Struggling metals group could pay less than 50 pence in the pound on outstanding loans
Court to rule on whether to take control of two sites
King & King resigned after director rejected proposal to issue disclaimer saying there was ‘insufficient information’ for audits
British Business Bank that administered emergency Covid lending scheme withdraws guarantee on loans to metals tycoon
Move by US buyout group dismantles industrialist’s continental operations
Gupta group reaches standstill deal with largest creditor Greensill Bank that could run until end of year
Citigroup is seeking to shut down Sanjeev Gupta metals companies over unpaid debts
Decision provides some relief for under-fire metals tycoon
Metals tycoon appears in Liège as a London court begins preliminary hearing into winding-up petition
Metals group had borrowed $1.3bn from Swiss bank’s clients to finance sprawling empire
FRC investigates four audits by little-known firm used by metals magnate
Attempted payment by industrialist’s empire now at centre of legal battle with US buyout group American Industrial Partners
SFO request documents and interview staff as part of continuing criminal investigation
Metalworks in Dunkirk among sites visited as part of investigation
Tax authority withdraws winding-up petitions against four of steel boss’s companies
Metals magnate used BRCI for payments including carbon credits sale that prompted outcry from Czech politicians
Plus, a power struggle at Arm China threatens SoftBank’s hopes of listing its UK parent company, and bids for Peloton gain momentum after a bumpy week
Winding up of metals tycoons’ companies will put more than 2,000 jobs at risk
HW Fisher has been auditing metals trading business since the late 1990s
Virtually all loans now in default at bank owned by industrialist under fraud probe
Metals magnate thanked Tory minister for support over loans now subject to fraud investigation
Higher security package underlines risks from controversial £586m taxpayer-backed guarantee given to industrialist
Financial Conduct Authority says Swiss asset manager and Tim Haywood failed to manage conflicts of interest
Exact figure disclosed after near two-year freedom of information battle
UK metals magnate’s operations probed over allegations of ‘misuse of corporate assets’ and ‘money laundering’
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