Czech Steelworks Liberty Ostrava Falls Into Bankruptcy

Text size The Czech Republic’s biggest steelworks Liberty Ostrava, part of Indian-British billionaire Sanjeev Gupta’s business empire, was sent into bankruptcy by a court on Friday. Liberty Steel Group, part of Gupta’s GFG Alliance, said earlier this month it had put its operations in the eastern Czech steel hub of Ostrava up for sale, citing…

‘I wasn’t aware of this mess until I was deep into retirement’ – Bradley Wiggins explains financial challenges that led to bankruptcy

Bradley Wiggins has offered the most detailed insight so far into the financial troubles that led to a declaration of bankruptcy, suggesting the issues took hold during his racing career when he admits assuming money “was going to be there forever.” Speaking on WEDŪ’s The Forward w/Lance Armstrong podcast, after being a guest commentator throughout…