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Workers meet with administrators Truck firm workers in pay promise
(about 4 hours later)
Workers at Reid Transport are meeting administrators following a stand off outside the haulage firm. Workers at Reid Transport have called off a picket after they were assured they would get wages owed to them.
A total of 200 jobs are to be lost at the Cloughmills-based company which went into administration on Wednesday. A total of 200 jobs are to be lost at the Cloughmills haulage firm which went into administration on Wednesday.
Earlier on Friday it emerged, according to Reid Transport Ltd's latest accounts, it was £3.2m in debt in 2005.Earlier on Friday it emerged, according to Reid Transport Ltd's latest accounts, it was £3.2m in debt in 2005.
Five weeks ago the company's managing director Liam Reid described rumours that it was in trouble as "malicious and unfounded".Five weeks ago the company's managing director Liam Reid described rumours that it was in trouble as "malicious and unfounded".
Workers have remained at Reid's in protest over salaries they fear they may never be paid.
Economy Minister Nigel Dodds said help would be given to the 200 workers who have been made redundant.Economy Minister Nigel Dodds said help would be given to the 200 workers who have been made redundant.
In August, Reid's announced on its website that it had just opened a new depot in Buckinghamshire to cope with increased volumes of freight.In August, Reid's announced on its website that it had just opened a new depot in Buckinghamshire to cope with increased volumes of freight.
Staff told the BBC on Thursday that in recent weeks, their workload had significantly increased with drivers working longer hours and delivering bigger loads.Staff told the BBC on Thursday that in recent weeks, their workload had significantly increased with drivers working longer hours and delivering bigger loads.
The administrators, Price Waterhouse Coopers, are currently examining the company's books and will report to the Department of Enterprise Trade and Investment. The administrators, PricewaterhouseCoopers, are currently examining the company's books and will report to the Department of Enterprise Trade and Investment.