Type
Closure
Country
United Kingdom
Region
Northern Ireland;
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Retail sale of other household equipment
47.52 - Retail sale of hardware, building materials, paints and glass

200 jobs
Number of planned job losses
Job loss
Announcement Date
26 November 2006
Employment effect (start)
Foreseen end date

Description

Budget DIY, which has six stores across Northern Ireland, has gone into administration and up to 200 jobs are at risk. The company supplied value home improvement products.

The news was broken to staff on 24 November 2006, late in the afternoon. The administrators are expected to make a statement on the future of the stores on Monday, 27 November 2006.


Sources

  • 26 November 2006: BBC Website

Citation

Eurofound (2006), Budget DIY, Closure in United Kingdom, factsheet number 64503, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64503.