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Liberty House outlines green plans for Tata Steel

Liberty House has confirmed it has formally submitted a letter of intent containing its bid for the entire issued share capital of Tata Steel UK, and released a statement outlining its "sustainable" plans for the company.

The bid is based on Liberty's greensteel business model and would involve a transition from steelmaking in blast furnaces to recycling steel in electric arc furnaces over time, while ensuring the company continues to meet key customers' quality requirements.

Steelmaking would be ultimately powered by renewable energy sources.

Liberty believes the UK steel industry can achieve long-term viability if based on an agile, sustainable, non-cyclical model which integrates liquid steel-making from recycling with down-stream production and the manufacture of advanced engineering products.

– Statement from Liberty House Group


Leicester mayor welcomes spotlight on 'proud city'

Leicester mayor Peter Soulsby said people would want to know aboput the city 'where this amazing team comes from' Credit: ITV News

Leicester's mayor Sir Peter Soulsby has welcomed his team's Premier League win, saying it will bring renewed interest to what is "probably the most diverse city anywhere in Europe".

"People will want to know about the city where this amazing team comes from," he told ITV News.

"It's an opportunity for us to tell them about our very proud city."

Sir Philip Green agrees to appear before MPs

Sir Philip Green Credit: Reuters

Sir Philip Green has agreed to appear before MPs to answer questions about the collapse of BHS.

ITV News Business Editor Joel Hills tweeted:

Sir Philip was called to appear before a cross-party committee of MPs to face questions over the collapse of retailer BHS.

Around 11,000 jobs are at risk after the high street chain went into administration.

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