Billionaire steel magnate's son plunges to his death over business collapse

Emergency services raced to a building beside his home in Portland Place, Marylebone, yesterday morning after father-of-two Mr Paul was seen lying on the roof.

A Metropolitan Police spokesman said there were no suspicious circumstances and officers are preparing a file for the coroner.

With his wife

The Caparo Group is one of Britain's leading companies and includes interests from car component manufacture to hotels and hospitality. But the international conglomerate has suffered as the fortunes of British steel nosedived following the recession and 16 of the 20 businesses under its wing have now been taken into administration.