Caparo Plc, Caparo Group
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Caparo Plc, Caparo Group
Caparo plc is a British company involved mainly in the steel industry, primarily in the design, manufacturing and marketing of steel and niche engineering products. Current affairs Caparo was founded by Lord Swraj Paul, in 1968. Sixteen companies within the group were put into administration in October 2015, leaving three to continue trading as normal. One month later, Sanjeev Gupta, head of Liberty House Group, announced that his family had bought a part of the business from the administrators. Liberty House bought Caparo Merchant Bar - one of the three solvent parts of the business that had continued trading - from the administrators in 2017. While CMB had remained solvent, its ability to develop had been restricted by its ties to a pension scheme of its former parent group. Numerous other deals by the administrators saw many companies within the group sold, with consequent savings in jobs. History The group was headed by Angad Paul, the son of Lord Paul, from 1996, until h ...
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Gaydon
Gaydon is a civil parish and village in the Stratford-on-Avon District of Warwickshire, England, situated between Leamington Spa and Banbury. In the 2001 census, the parish had a population of 376, increasing to 446 at the 2011 census and 530 residents at the 2021 census. The village is at the junction of the B4100 (former A41) and B4451 roads, within a mile from Junction 12 of the M40 motorway and midway between the larger villages of Kineton, 3 miles to the south-west, and Bishop's Itchington 3 miles to the north-east. The county border with Oxfordshire is 5.5 miles to the south-east and the Northamptonshire boundary lies 6.5 miles to the east of the village. Gaydon village Gaydon is crossed by only two roads of any importance – the Kineton to Southam road, which runs in a north-easterly direction, and the Warwick and Banbury road which crosses it at right angles. Gaydon has one pub called the Malt Shovel. The Gaydon Inn, which is no longer a pub is due to be redeve ...
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Steel
Steel is an alloy of iron and carbon that demonstrates improved mechanical properties compared to the pure form of iron. Due to steel's high Young's modulus, elastic modulus, Yield (engineering), yield strength, Fracture, fracture strength and low raw material cost, steel is one of the most commonly manufactured materials in the world. Steel is used in structures (as concrete Rebar, reinforcing rods), in Bridge, bridges, infrastructure, Tool, tools, Ship, ships, Train, trains, Car, cars, Bicycle, bicycles, Machine, machines, Home appliance, electrical appliances, furniture, and Weapon, weapons. Iron is always the main element in steel, but other elements are used to produce various grades of steel demonstrating altered material, mechanical, and microstructural properties. Stainless steels, for example, typically contain 18% chromium and exhibit improved corrosion and Redox, oxidation resistance versus its carbon steel counterpart. Under atmospheric pressures, steels generally ...
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Swraj Paul, Baron Paul
Swraj Paul, Baron Paul, (born 18 February 1931) is an Indian-born British business magnate and philanthropist. In 1996 he was appointed a Labour life peer under Conservative Prime Minister John Major, and sits in the House of Lords as a non-affiliated peer with the title Baron Paul, of Marylebone, in the City of Westminster. In December 2008 he was appointed deputy speaker of the Lords; in October 2009 he was appointed to the Privy Council. Early life and education According to his official biography, Swraj Paul was born in Jullundur, Punjab Province in 1931, in what was then British India. His father Payare Lal ran a small foundry, making steel buckets and farming equipment. His mother's name was Mongwati. The site of his childhood home is now Apeejay School. Swraj Paul completed his high school education at Labbu Ram Doaba School. Paul was educated at Forman Christian College in Lahore, and Doaba College in Jalandhar. He went to the United States to study mecha ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in Manchester in 1821 as ''The Manchester Guardian'' and changed its name in 1959, followed by a move to London. Along with its sister paper, ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust Limited. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in its journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. S ...
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Sanjeev Gupta
Sanjeev Gupta is an Indian-born British businessman, and the founder of Liberty House Group. He is the CEO and chairman of GFG Alliance, an international conglomerate that operates primarily in the steel and mining industries, its major subsidiaries being the Liberty Steel Group, Alvance Aluminium Group, and the SIMEC Group, which develops and produces renewable energy. After building the family business largely by the purchase of various steelmaking businesses in the UK, he purchased Arrium in Australia in 2017, followed by aluminium businesses in Europe. Following the collapse of Greensill Capital in the UK in 2021, Gupta has been under scrutiny for his ties to the failed company. He is also in trouble in Australia, where his company that owns the Whyalla Steelworks was forced into administration by the Government of South Australia in February 2025, with unpaid debts totalling more than A$300 million. He has homes in the UK, Dubai, and Australia. Early life and education San ...
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Liberty House Group
Liberty Steel Group Holdings UK Ltd (LSG), which is also referred to as Liberty House or Liberty House UK, is a British industrial and metals company founded in the United Kingdom in 1992 by industrialist Sanjeev Gupta. It is headquartered in London, England, and has offices in Dubai, Singapore, and Hong Kong. The company is a subsidiary of Gupta's GFG Alliance. The holding company of Liberty Steel, Liberty House Group PTE Ltd is based in Singapore. History Liberty House was founded by Sanjeev Gupta in 1992, when he was a student at Cambridge University. Living on campus at Trinity College, he registered his company at the college. When this was discovered, he was asked to leave the residence. In 2013, Liberty House Group (LHG) was a surprise buyer for a steel mill in Newport, South Wales, Mir Steel UK, that had got into financial difficulties. Companies owned by Gupta and his family went on to make further acquisitions in the UK. Together with the SIMEC Group, part of ...
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Pension Scheme
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a "Defined benefit pension plan, defined benefit plan", where defined periodic payments are made in retirement and the sponsor of the scheme (e.g. the employer) must make further payments into the fund if necessary to support these defined retirement payments, or a "defined contribution plan", under which defined amounts are paid in during working life, and the retirement payments are whatever can be afforded from the fund. Pensions should not be confused with severance pay; the former is usually paid in regular amounts for life after retirement, while the latter is typically paid as a fixed amount after involuntary termination of employment before retirement. The terms "Retirement plans in the United States, retirement plan" and "Superannuation in Australia, superann ...
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Angad Paul
Angad Paul (6 June 1970 – 8 November 2015) was a British businessman and film producer. Background and education Paul was born on 6 June 1970, the youngest son of the billionaire entrepreneur and politician Swraj Paul, Baron Paul. He attended Harrow School and received a degree in economics from the Massachusetts Institute of Technology. Career He was CEO of Caparo Industries, having taken over from his father in 1996. He also produced films, including ''Lock, Stock and Two Smoking Barrels'' (1998), '' Snatch'' (2000), and '' The Tournament'' (2009). Personal life In March 2005, Paul was married to media lawyer Michelle Bonn in a ceremony held at Lancaster House. They had two children. Death Paul died on 8 November 2015 after falling from his penthouse home, an eight-storey building in Portland Place, central London. The police stated that there were no suspicious circumstances. Nearly three years after Paul's death, the Angad Arts Hotel, named after him, opened in St. L ...
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Fixed Assets
Fixed assets (also known as long-lived assets or property, plant and equipment; PP&E) is a term used in accounting for assets and property that may not easily be converted into cash. They are contrasted with current assets, such as cash, bank accounts, and short-term debts receivable. In most cases, only tangible assets are referred to as fixed. While IAS 16 (International Accounting Standard) does not define the term ''fixed asset'', it is often colloquially considered a synonym for property, plant and equipment. According to IAS 16.6, property, plant and equipment are tangible items that: (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes and (b) are expected to be used during more than one period. Fixed assets are of two types: * those which are purchased with legal right of ownership (in the case of property, known as ''freehold assets''), and * those for which the owner has temporary ownership rig ...
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Negligence
Negligence ( Lat. ''negligentia'') is a failure to exercise appropriate care expected to be exercised in similar circumstances. Within the scope of tort law, negligence pertains to harm caused by the violation of a duty of care through a negligent act or failure to act. The concept of negligence is linked to the obligation of individuals to exercise reasonable care in their actions and to consider foreseeable harm that their conduct might cause to other people or property. The elements of a negligence claim include the duty to act or refrain from action, breach of that duty, actual and proximate cause of harm, and damages. Someone who suffers loss caused by another's negligence may be able to sue for damages to compensate for their harm. Such loss may include physical injury, harm to property, psychiatric illness, or economic loss. Elements of negligence claims To successfully pursue a claim of negligence through a lawsuit, a plaintiff must establish the " elements" of neg ...
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Psychology Press
Taylor & Francis Group is an international company originating in the United Kingdom that publishes books and academic journals. Its parts include Taylor & Francis, CRC Press, Routledge, F1000 Research and Dovepress. It is a division of Informa, a United Kingdom-based publisher and conference company. Overview Founding The company was founded in 1852 when William Francis joined Richard Taylor in his publishing business. Taylor had founded his company in 1798. Their subjects covered agriculture, chemistry, education, engineering, geography, law, mathematics, medicine, and social sciences. Publications included the '' Philosophical Magazine''. Francis's son, Richard Taunton Francis (1883–1930), was sole partner in the firm from 1917 to 1930. Acquisitions and mergers In 1965, Taylor & Francis launched Wykeham Publications and began book publishing. T&F acquired Hemisphere Publishing in 1988, and the company was renamed Taylor & Francis Group to reflect the growing numb ...
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