Type
Closure
Country
United Kingdom
Region
South East; Kent; Kent CC
Location of affected unit(s)
Dover
Sector
Transportation / Storage
Land, Water And Air Transportation
Water Transport
50 - Water transport

100 jobs
Number of planned job losses
Job loss
Announcement Date
25 November 2008
Employment effect (start)
Foreseen end date

Description

SpeedFerries, a company which operated ferry services from Dover to Boulogne, is to be wound up with the loss of 100 jobs. The company had gone into administration in early November 2008, but no buyer has been found. According to the BBC, A statement from the administrator, Ernst & Young, stated that ‘The majority of employees were today made redundant and the joint administrators will now look to wind down the business accordingly.’ As of 30 November 2008, it is not known when the remaining positions will be lost and the company closed.


Sources

  • 25 November 2008: BBC News

Citation

Eurofound (2008), SpeedFerries, Closure in United Kingdom, factsheet number 67525, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/67525.