E&Y saves 400 jobs at hotel group

There was better news to report for the Swallow Hotels and London and
Edinburgh Inns group today after administrators from Ernst & Young sold the
business and assets of six hotels saving approximately 400 jobs.

Earlier this week more than 200 jobs were lost when E&Y was forced to
close 20 hotels and pubs after failing to find any buyers.

Joint administrator Roy Bailey said: ‘We are delighted to have been
successful in selling a further six properties and securing jobs of employees at
these sites. We are continuing our efforts to save the rest of the business.’

The hotels which have been sold are: Crabwall Manor Hotel, Chester; Bank
House Hotel, Worcester; New Bath Hotel, Matlock; White Hall Hotel, Great Dunmow;
Beverley Arms Hotel, Beverley; and Kingston Lodge Hotel, Kingston-Upon-Thames.

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