Sanjeev Gupta: the Indian visionary eyeing up British Steel

The government is seeking a buyer for the UK’s second-largest steelmaker. Sanjeev Gupta, an Indian-born tycoon with form as a saviour of troubled firms, is circling – but can he find the cash? 

Sanjeev Gupta © Getty Images

(Image credit: Sanjeev Gupta © Getty Images)

The business secretary, Greg Clark, has been scouring India and China to drum up potential bidders for British Steel the UK's second-largest steelmaker, which collapsed into insolvency in May. One firm reportedly "monitoring the situation" is Liberty House, the industrial conglomerate led by Sanjeev Gupta one of a string of Indian-born tycoons who have been sizing up the ailing industry for the past decade.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Jane writes profiles for MoneyWeek and is city editor of The Week. A former British Society of Magazine Editors editor of the year, she cut her teeth in journalism editing The Daily Telegraph’s Letters page and writing gossip for the London Evening Standard – while contributing to a kaleidoscopic range of business magazines including Personnel Today, Edge, Microscope, Computing, PC Business World, and Business & Finance.

She has edited corporate publications for accountants BDO, business psychologists YSC Consulting, and the law firm Stephenson Harwood – also enjoying a stint as a researcher for the due diligence department of a global risk advisory firm.

Her sole book to date, Stay or Go? (2016), rehearsed the arguments on both sides of the EU referendum.

She lives in north London, has a degree in modern history from Trinity College, Oxford, and is currently learning to play the drums.