Some 197 Golden Wonder employees have lost their jobs at the company’s Corby
site, as production of its Own Label and Golden Lights products is transferred
to Scunthorpe. Part of the Corby site will be closed as a result of the move.
Having announced the safeguarding of 195 jobs at the site last week, joint
administrators Adrian Wolstenholme, Peter Holder and Gary Squires, from business
recovery group Kroll, made the announcement of these job losses this afternoon.
Jobs were saved last week when Golden Wonder’s Mini Pringle production was
sold to an affiliate of Irish snacks producer Tayto.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies