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| Caparo boss Angad Paul killed after plunging from penthouse flat | Caparo boss Angad Paul killed after plunging from penthouse flat |
| (35 minutes later) | |
| The boss of the troubled steel company Caparo, Angad Paul, has died after plunging from his penthouse flat on Sunday morning. | The boss of the troubled steel company Caparo, Angad Paul, has died after plunging from his penthouse flat on Sunday morning. |
| The 45-year-old man was pronounced dead at the scene in central London. | The 45-year-old man was pronounced dead at the scene in central London. |
| It comes after the troubled company, which is currently in administration, announced 450 job cuts, with the future of another 1,200 uncertain. | It comes after the troubled company, which is currently in administration, announced 450 job cuts, with the future of another 1,200 uncertain. |
| The Metropolitan Police said the death was being treated as "non-suspicious", although inquiries were continuing. | The Metropolitan Police said the death was being treated as "non-suspicious", although inquiries were continuing. |
| The man's next of kin has been informed, said the police, although he has not yet been formally identified. | |
| Friends of Mr Paul reacted to his apparent suicide with sadness. | Friends of Mr Paul reacted to his apparent suicide with sadness. |
| On Twitter, the Indian entrepreneur Suhel Seth said: "Deeply saddened to learn of the suicide of Angad Paul in London. He was young and bright. Deepest condolences to Lord Swraj Paul and family." | |
| Mr Paul is the son of Lord Paul, who founded the company in 1968 with a £5,000 loan. | |
| As well as obtaining an economics degree from MIT, he was an executive producer on Guy Ritchie's films Lock, Stock And Two Smoking Barrels and Snatch. | |
| He also financed the Caparo T1, which was the fastest supercar in the world when it launched in 2006. | |
| Mr Paul married his wife, the media lawyer Michelle Bonn, in 2004. | |
| Caparo went into administration last month after it was hit by collapsing steel prices and the strong pound. | Caparo went into administration last month after it was hit by collapsing steel prices and the strong pound. |
| The industry as a whole has suffered. SSI in Redcar, Cleveland recently collapsed, while Tata Steel has also announced cutbacks. In all, about 4,000 jobs were lost in the sector in October alone. |