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Meanwhile, the Financial Times reports that metals tycoon Sanjeev Gupta has mounted a “last-ditch bid” to save GFG Alliance. Measures include attempting to raise funds through new loans against parts of the group outside the UK, as well as quickly selling remaining goods, the paper reports. It comes after the government rejected a bailout plea for more than £170m. GFG Alliance’s main lender, Greensill Capital, filed for insolvency earlier this month.