Labour peer's steel magnate son, 45, told his family 'I can't provide for you' after his firm collapsed then jumped to his death from London penthouse balcony while his children played inside

Angad Paul, 45, blamed himself as administrators battled to save Caparo PLC, a business founded by his Labour peer father Lord Paul, 85, (pictured right with a relative today). Mr Paul, who was married with two children, a daughter aged ten and a son of seven, had told his family 'I can't provide for you' and on the day he died left his children playing and jumped from a balcony. He had also told his wife Michelle (pictured together in 2009 and left today) they couldn't even afford a takeaway pizza and sold his sports cars because he 'didn't deserve nice things'. The plunging price of steel caused by cheap Chinese imports has left the industry in Britain in crisis and forced Caparo into administration a month before Angad Paul died. He jumped from the eight-storey Portland House (pictured inset) in November last year.