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Caparo Industries' steel operations has gone into partial administration, putting many jobs under threat. Unions say cheap steel imports may be responsible for its financial problems. Administrators from PwC have been appointed to parts of Caparo Industries' steel operations. Matt Hammond, lead administrator said: "This is a significant business with a wide range of interests across steel, engineering, vehicles products and technologies." "Its scale and reach into significant customers and its importance to suppliers cannot be understated. We will be rapidly assessing all options for the businesses through this week and beyond." This clip originally from Wake Up to Money 19 October 2015.