The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Accommodation / Food 56 - Food and beverage service activities 56.3 - Beverage serving activities 56.3 - Beverage serving activities
420 jobs Number of planned job losses
Announcement Date
1 April 2005
Employment effect (start)
Foreseen end date
Description
About 420 employees of pubs operator Wessex Taverns face an uncertain future after the appointment of administrators. Wessex, based in Newcastle upon Tyne, has 32 outlets mainly in the north-east. Administrators Grant Thornton, said they would continue to trade normally while the business is assessed.
Sources
2 April 2005: The Guardian
Citation
Eurofound (2005), Wessex Taverns, Closure in United Kingdom, factsheet number 61352, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/61352.