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Administrator
City Link Goes Out of Business
It's a bloody disgrace telling staff that they're losing their jobs on Christmas Day: http://www.bbc.co.uk/news/business-30602326
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Interestingly, they were saying how well they were doing back in November. - Always a worrying sign I find.
Their accounts for the last few years make interesting reading, as does the company grouping.
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Administrator
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You have to feel sorry for the employees. I bet Moulton hasn't lost out
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Administrator
250-odd staff are taking legal action. Apparently, there's a shortage of drivers - especially HGV, perhaps their time and efforts could be better spent filling these vacancies rather than chasing money they may or may not get: http://www.bbc.co.uk/news/uk-england...shire-31866869
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It'll end up like the Rover fiasco. Those that lost out will get nothing, but plenty of committees and consultants will cream the money in.
I used to be a fan of Moulton, but this has changed my views somewhat. The directors of Rover Group were disbarred from holding office for a few years, it might be justice if a few heads here faced a similar fate.
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