Tag Archives: redundancies

Joint Administrators of the National Timber Group, Michael Magnay, Gemma Quinn and Jonathan Marston of Alvarez & Marsal have been appointed today (November 26).  The Group has been placed into administration following a difficult trading period and resultant liquidity challenges. This follows the notice of intention to appointment administrators filed …

Building products manufacturer Marshalls saw group revenue fall by 13% for the first half of 2023, a trading update today (July 31) revealed. As a result, the company is cutting 250 jobs and closing its factory in Carluke, Lanarkshire. The job losses are in addition to the 150 redundancies announced …

Plastic drainage manufacturer Polypipe is the latest building products manufacturer to announce redundancies as a result of the economic situation due to the Covid-19 pandemic and lockdown. The 250 jobs will represent around 8% of the workfrce, though there are no plans to completely close any facilities. In a statement …

Builders merchant group Travis Perkins is to close around 165 branches across its business as a response to the continued challenges of the Covid-19 pandemic, consequent lockdown and likely UK recession. The group issued a trading update and liquidity update this morning (June 15) to say that the actions, which …