Wedgwood calls in the administrators

Four partners from Deloitte have been called in as administrators for the UK divisions of Waterford Wedgwood, after the 250-year old pottery company collapsed.

Angus Martin, Neville Khan, Nick Dargan and Dominic Wong are now handling the administration.

David Carson, an insolvency specialist at Deloitte’s Irish arm, was appointed the receiver of the parent company. Joint administrator Angus Martin said: ‘We have today been appointed joint administrators of the companies and will be continuing to trade the business while seeking a sale as a going concern.