Administrators have saved 420 staff jobs at a Lincolnshire waste haulage firm by selling it to a subsidiary of utilities group Beauparc. Mid-UK Recycling (Mid UK) went into administration on 12 June after “a difficult trading period” during which it suffered a major fire [last year] and was prosecuted for the illegal storage of waste, which directly contributed to a fire in 2015. The company, which is based in Caythorpe and held a licence for a total of 98 lorries […]
The government has rejected calls from two select committees for an urgent change in insolvency law, after the collapse of City Link last Christmas left sub-contractors and non-secured creditors £30m out of pocket.
Revenues within Hargreaves Services’ distribution and services business have fallen by more than a quarter due to delays in the HS2 project.