Type
Bankruptcy
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Construction Of Buildings
41 - Construction of buildings

245 jobs
Number of planned job losses
Job loss
Announcement Date
13 October 2011
Employment effect (start)
Foreseen end date

Description

The construction company Linford Group has confirmed the loss of 245 jobs. The bankruptcy is blamed on outstanding debts which reflect the bad market conditions of the construction industry. 233 jobs will be lost in the Midland and south west of England, and 12 at its branch office in Hawarden.


Sources

  • 13 October 2011: BBC News

Citation

Eurofound (2011), Linford Group, Bankruptcy in United Kingdom, factsheet number 72587, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/72587.