Joint Receiver Matt Henderson Said: Crummock Is A Long-established Construction Business Which, Like Many In The Industry, Has Suffered From Reduced Margins In Recent Times.
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Hundreds of jobs lost as construction firm Crummock folds These are external links and will open in a new window Image caption Crummock provided civil engineering and surfacing construction services Nearly 300 staff have been laid off following the collapse of a Midlothian construction firm. A total of 287 employees lost their jobs after Bonnyrigg-based Crummock called in receivers. Crummock provided civil engineering and surfacing construction services. The firm worked on several landmark developments, including the Donaldson school residential development in Edinburgh and Fort Kinnaird Retail Park. Johnston Carmichael, who were appointed as receivers, said the company had hit financial problems. Joint receiver Matt Henderson said: "Crummock is a long-established construction business which, like many in the industry, has suffered from reduced margins in recent times. "In recent months it has also encountered cash flow difficulties due to high retention levels, the tight margins within the sector and business specific issues. "Unfortunately, the business was unable to raise the capital to enable it to overcome the current ขายตรงออนไลน์ financial challenges it faces and we are now dealing with creditors' claims." Meanwhile, a provisional liquidator has been appointed following the collapse of another building firm in the south of Scotland. Langholm-based T Graham & Son (Builders) Ltd ceased trading on 31 May. The company, which was founded in 1982, employed 30 staff. Three have been retained to assist liquidators MLM Solutions.
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BMW followed the warning by saying that clarity over Brexit is needed by the end of the summer. In response Mr Hunt said: "It's completely inappropriate for businesses to be making these kinds of threats. "We are in an absolutely critical moment in the Brexit discussions and what that means is that we need to get behind Theresa May to deliver the best possible Brexit. "The more that we undermine Theresa May the more likely we are to end up with a fudge, which would be an absolute disaster for everyone." CBI chief: Industry sectors face extinction But Edwin Morgan, director of policy at the Institute of Directors, said: "Business leaders have every right to speak up about their needs and concerns as we approach incredibly significant negotiations for the future of this country. "Firms think very carefully before sticking their heads above the parapet, so they should be listened to by politicians, not dismissed. Companies have to honestly assess the risks they face, and spelling them out should never be brushed off as a 'threat'." Last week BMW UK boss Ian Robertson said he needed to know within months what the government's preferred position was on customs and trade post Brexit. "If we don't get clarity in the next couple of months we have to start making those contingency plans... which means making the UK less competitive than it is in a very competitive world right now," he said. "That is a decisive issue that ultimately could damage this industry." BMW makes the Mini and Rolls Royce and employs about 8,000 people in the UK.
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