Type
Bankruptcy
Country
United Kingdom
Region
East Midlands; Leicestershire; Rutland and Northamptonshire
Location of affected unit(s)
Sector
Information / Communication
Publishing Of Information; Production And Programming Of Audiovisual
Publishing Activities
58.19 - Other publishing activities

300 jobs
Number of planned job losses
Job loss
Announcement Date
30 June 2010
Employment effect (start)
Foreseen end date

Description

The Art Group, a publishing company, has made nearly 300 people redundant after it went into administration earlier this week. Most of the redundancies are at the Brackmills printing site, while 30 staff were made redundant at the London office. A skeleton staff will remain to assist administrators in the hope of finding a buyer for the business.


Sources

  • 30 June 2010: Northampton Chronicle
  • 30 June 2010: BBC News

Citation

Eurofound (2010), The Art Group, Bankruptcy in United Kingdom, factsheet number 70684, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/70684.