Trouble At Mill

Leeds firm on verge of administration:

LEEDS textile retailer Chiltern Mills looks likely to be the latest casualty of the recession gripping Britain.

Bosses at the firm – which has seven outlets across the UK – yesterday posted a notice in the High Court in Leeds that it was their intention to place the company in administration…

Bosses hope they can find a buyer before the administration comes into force in the next week to 10 days.

If the firm can be sold as a going concern it could potentially safeguard up to 150 jobs.


The URI to TrackBack this entry is:

RSS feed for comments on this post.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: