http://citycyclingedinburgh.info/bbpress/ CityCyclingEdinburgh Forum » Topic: "Liberty House expands bike portfolio with purchase of Shand Cycles" en Sun, 17 May 2026 20:23:04 +0000 http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-350700 Fri, 14 May 2021 11:16:50 +0000 chdot 350700@http://citycyclingedinburgh.info/bbpress/ <p><a href="https://www.theguardian.com/business/2021/may/14/sfo-launches-inquiry-into-greensill-financing-of-gupta-firms" rel="nofollow">https://www.theguardian.com/business/2021/may/14/sfo-launches-inquiry-into-greensill-financing-of-gupta-firms</a> </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-350081 Wed, 28 Apr 2021 20:07:42 +0000 chdot 350081@http://citycyclingedinburgh.info/bbpress/ <p>“</p> <p>Myners said the ultimate cost could be “in the region of £3bn to £5bn” once the wider impact was taken into account. ”It’s actually going to cost a lot more if you count the externalities, the indirect costs: the cost of having to rescue the steel industry from its ‘saviour’ Mr Gupta; the costs of dealing with social implications of the closure of plants, if necessary; or the net present value of upfront subsidies to keep the steel industry in its current form operating,” he said.</p> <p>Gupta’s sprawling holding company, GFG Alliance, which owns Liberty Steel, relied heavily on Greensill financing, and reportedly owed the lender £3.6bn when it collapsed. The group has so far failed to find new funding, forcing Gupta to pause production at UK factories to preserve cash last month.</p> <p>“</p> <p><a href="https://www.theguardian.com/business/2021/apr/28/greensill-collapse-could-cost-uk-taxpayer-up-to-5bn-mps-told" rel="nofollow">https://www.theguardian.com/business/2021/apr/28/greensill-collapse-could-cost-uk-taxpayer-up-to-5bn-mps-told</a> </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-349514 Mon, 12 Apr 2021 18:55:16 +0000 MediumDave 349514@http://citycyclingedinburgh.info/bbpress/ <p>Shand have their accounts to 31st March 2020 filed on October 2020. So they are good (for now).</p> <p>Presumably any administrators of the Gupta empire would find it very easy to find a new owner for Shand. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-349513 Mon, 12 Apr 2021 18:42:11 +0000 chdot 349513@http://citycyclingedinburgh.info/bbpress/ <p><a href="https://www.theguardian.com/business/2021/apr/12/liberty-steel-misses-accounts-deadlines-for-major-uk-companies" rel="nofollow">https://www.theguardian.com/business/2021/apr/12/liberty-steel-misses-accounts-deadlines-for-major-uk-companies</a> </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-347786 Sun, 07 Mar 2021 09:35:44 +0000 Murun Buchstansangur 347786@http://citycyclingedinburgh.info/bbpress/ <p>Unions fear huge job losses as 'saviour of steel' hits crisis</p> <p><a href="https://www.bbc.co.uk/news/business-56250732" rel="nofollow">https://www.bbc.co.uk/news/business-56250732</a></p> <p>ScotGov also saw fit to guarantee £575 million of the company’s debt...</p> <p><a href="https://www.google.co.uk/amp/s/mobile.reuters.com/article/amp/idUKKCN1T7006" rel="nofollow">https://www.google.co.uk/amp/s/mobile.reuters.com/article/amp/idUKKCN1T7006</a> </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-263093 Wed, 11 Oct 2017 09:25:51 +0000 fimm 263093@http://citycyclingedinburgh.info/bbpress/ <p><a href="http://www.bbc.co.uk/news/uk-scotland-scotland-business-41553967" rel="nofollow">http://www.bbc.co.uk/news/uk-scotland-scotland-business-41553967</a> </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-262904 Mon, 09 Oct 2017 08:36:08 +0000 chdot 262904@http://citycyclingedinburgh.info/bbpress/ <p>“fascinating turn of events for british manufacturing...”</p> <p>Not the only one in the bike industry -</p> <p>“</p> <p>The HGD aims to bring together the best designers and innovators in the bicycle industry from around the world to develop the next generation of bike designs using the very latest technology. It will rationalise the global company’s design functions, bringing together in one place its design, product development, innovation, testing and market research departments. </p> <p>“</p> <p><a href="http://www.avocetsports.co.uk/news/post/indias-hero-cycles-invests-2m-in-manchesterbased-global-design-centre" rel="nofollow">http://www.avocetsports.co.uk/news/post/indias-hero-cycles-invests-2m-in-manchesterbased-global-design-centre</a></p> <p>Brompton too. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-262902 Mon, 09 Oct 2017 08:33:36 +0000 chdot 262902@http://citycyclingedinburgh.info/bbpress/ <p>“If you've got to be bought out”</p> <p>Doubt if they <em>had</em> to be. </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-262901 Mon, 09 Oct 2017 08:27:07 +0000 SRD 262901@http://citycyclingedinburgh.info/bbpress/ <p>If you've got to be bought out ('acquired'), that seems like a surprisingly sympathetic way for it to happen. fascinating turn of events for british manufacturing... </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-262897 Mon, 09 Oct 2017 07:01:26 +0000 gembo 262897@http://citycyclingedinburgh.info/bbpress/ <p>Wow </p> http://citycyclingedinburgh.info/bbpress/topic.php?id=18211#post-262896 Sun, 08 Oct 2017 23:42:59 +0000 chdot 262896@http://citycyclingedinburgh.info/bbpress/ <p><a href="http://www.bikebiz.com/news/read/liberty-house-expands-bike-portfolio-with-purchase-of-shand-cycles/021976" rel="nofollow">http://www.bikebiz.com/news/read/liberty-house-expands-bike-portfolio-with-purchase-of-shand-cycles/021976</a> </p>