Type
Closure
Country
United Kingdom
Region
Location of affected unit(s)
Bathgate, London, Leeds
Sector
Construction
Construction Of Buildings And Infrastructure Engineering
Civil Engineering
42 - Civil engineering

524 jobs
Number of planned job losses
Job loss
Announcement Date
19 July 2016
Employment effect (start)
19 July 2016
Foreseen end date
19 July 2016

Description

Construction company Dunne Group has ceased trading with immediate effect, leading to the loss of 524 jobs. The company based in Bathgate, West Lothian is reported to have been suffering cash-flow problems emanating from trading deficits on some of its contracts, which has led administrators to take the decision to close activities. 200 jobs have been lost in Scotland, with 13 losses in Leeds and a further 311 losses in London. The company has reportedly kept on 16 staff to help wind-up the business. 


Sources

  • 19 July 2016: BBC Website

Citation

Eurofound (2016), Dunne Group, Closure in United Kingdom, factsheet number 88263, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/88263.