Insolvency Practitioners
debt management, IVA and trust deed advice
Debt Solutions | get out of debt | help with debt About McCambridge Duffy | Free Debt Help | IVA Contact McCambridge Duffy | debt help | Debt | Contact Us  
Debt Management | Debt Management Plans | Financial Advice IVAs | Individual Voluntary Arrangement | Write off my debt | Do I qualify? | Joint IVA Trust Deeds | Debt Help | Scotland | Scottish IVA Bankruptcy | Bankruptcy Advice | Financial Advice | Repossession Debt Consolidation | Consolidation Loan | Consolidate Debts Remortgages | Release Equity | Pay debts off Joint Debts | Will I lose my home | Cost of IVAs | Fees | Debt Counselling | Credit History | Charging Orders | Interim Orders Self Employed | Business Debts | Bankruptcy

Debt in the News - Redundancy Notices for TVR staff

BBC News
Friday, January 5, 2007

Workers at troubled sports car maker TVR have been made redundant, union officials have confirmed.

Employees were sent notices on Thursday after administrators were brought in at Blackpool Automotive, the firm's manufacturing arm, last month.

Just under 300 workers are now looking for new jobs after being left in limbo over Christmas - and without wages - when the firm went into administration.

TVR announced in October plans to move production from Blackpool to Europe.

Administrators at PKF (UK) LLP previously said they wanted to sell the firm as a going concern and were optimistic a buyer could be found.

The future of the firm has been uncertain since its plans to move production within Blackpool were scrapped.

Andy Robertson, regional organiser of the Transport and General Workers Union, said the formal news had brought an end to a "dismal period" for TVR workers.

"It's the end of Blackpool Automotive and production of TVR in Blackpool," he said.

After a Christmas without wages while uncertainty still surrounded their future, workers could now concentrate on finding new work, he added.

Open day

Blackpool Council, together with the union, has organised an open day at Blackpool Technology Centre on 15 January for former workers to discuss the way forward.

A team of advisors will be on hand to answer a variety of questions on issues such as welfare rights and training opportunities.

Established in 1947, TVR is Britain's largest independent sports carmaker.

It was founded by Trevor Wilkinson, who used three consonants from his first name for the company title.

It was bought by young Russian tycoon Nikolai Smolensky in 2004.


Can we help with your debt problems?

To find out if McCambridge Duffy can help you regain control over your finances before matters are taken out of your hands, or to find out if you qualify for an IVA, simply get in touch:

 

Unsecured debt

No. of debts
Income
Name
Tel/Mobile
Email
Best time to call
Enquiry

Lower repayments | Help with debt | Free | Confidential | Do I qualify?
Debt Help Application | Free Advice | Confidential Advice | Debt Helpline
McCambridge Duffy LLP is a Limited Liability Partnership registered in England and Wales registered number 0C309544
Registered office 1A St James Road, Sevenoaks, Kent, TN13 3NH