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| City Link former directors face trial in November | |
| (about 2 hours later) | |
| Ex-directors of failed parcel firm City Link are being prosecuted under section 194 of the Trade Union and Labour Relations (Consolidation) Act 1992. | Ex-directors of failed parcel firm City Link are being prosecuted under section 194 of the Trade Union and Labour Relations (Consolidation) Act 1992. |
| They will be tried at Coventry Magistrates' Court on 5 and 6 November. | They will be tried at Coventry Magistrates' Court on 5 and 6 November. |
| An Insolvency Service spokesman confirmed that "criminal proceedings have been commenced against David Smith, Robert Peto and Thomas Wright". | An Insolvency Service spokesman confirmed that "criminal proceedings have been commenced against David Smith, Robert Peto and Thomas Wright". |
| "We will not be commenting until the criminal proceedings have been concluded," they added. | "We will not be commenting until the criminal proceedings have been concluded," they added. |
| The Insolvency Service said that the Department for Business, Innovation and Skills (BIS) was bringing the prosecution on its behalf. | The Insolvency Service said that the Department for Business, Innovation and Skills (BIS) was bringing the prosecution on its behalf. |
| Coventry-based City Link, owned by investment firm Better Capital, called in administrators on Christmas Eve 2015 after "substantial losses". | Coventry-based City Link, owned by investment firm Better Capital, called in administrators on Christmas Eve 2015 after "substantial losses". |
| On New Year's Eve it announced 2,356 job losses after a bid to buy the company failed. A week later it announced a further 230 redundancies. | On New Year's Eve it announced 2,356 job losses after a bid to buy the company failed. A week later it announced a further 230 redundancies. |
| The company was founded in 1969. It was bought by Better Capital for £1 in April 2013. |