A spokeswoman for
said the sit-in was ongoing as of 5pm on Monday this week and further details
were currently not available.
Unite – the Irish union representing the workers involved, was unavailable
for comment, however, a statement on its website said its members had voted in
favour of continuing their protest.
‘It shows that this is more than a job, more than a plant. It is a community
built by generations of Waterford people, and others who have become Waterford
people over the years,’ said Walter Cullen, regional organiser for Unite.
KPS Capital, Clarion Capital and Wedgwood family members are frontrunners to
buy the company.
According to one report, a consortium led by descendents of founder Josiah
Wedgwood had made a ‘serious bid’ to buy back the family business, which would
end the 22-year merger with Waterford. The deal would see the Wedgwood brand
demerged and re-established as an independent business.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies