The founder of Liberty Steel has revealed that the company owes many billions to collapsed financial backer Greensill Capital but insisted none of its plants will shut down under my watch .
Labour has called on ministers to provide clarity on the future of Liberty Steel s UK plants amid fears that thousands of jobs could be lost if the firm goes under.
This week, Business Secretary Kwasi Kwarteng refused to rule out the prospect that the company could be taken into public ownership, saying all options are on the table .
It comes as the Government has also been facing questions over David Cameron s links with Greensill when he was prime minister and subsequent lobbying on its behalf after he left office.
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