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Disability firm in administration | |
(about 2 hours later) | |
An Aberdeen factory for blind and disabled workers is to go into administration, it has been announced. | |
Management at Glencraft earlier said they had an indication of the city council's lack of support for a modified business plan. | |
However the local authority claimed it had tried everything to support the business, including spending £1.7m buying the lease on the land. | |
Glencraft's board met on Friday morning when administration was announced. | |
The furniture factory faced closure last year because of a reduction in council funding, but the local authority agreed to buy it and lease it back. | The furniture factory faced closure last year because of a reduction in council funding, but the local authority agreed to buy it and lease it back. |
Glencraft reported record sales in January, with sales rising 34% from the same period the previous year. | Glencraft reported record sales in January, with sales rising 34% from the same period the previous year. |
Aberdeen South Labour MP Anne Begg raised fears about the furniture factory's future during Prime Minister's Questions on Wednesday. | |