Restructuring events
European Restructuring Monitor (ERM)
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.
Scottish and Southern Energy (SSE) has confirmed that its Fiddler's Ferry power station near Warrington will close, which will result in the loss of 158 jobs. SSE has said that the site is loss making and, as a coal-fired power station, does not feature in the firm's long-term plans. SSE has said that it will try to mitigate the need for compulsory redundancies by considering opportunities for redeployment across the group, as well as offering voluntary redundancy packages. The final closure of the site is set for the end of March 2020.
Eurofound (2019), Scottish and Southern Energy, Closure in United Kingdom, factsheet number 97985, European Restructuring Monitor. Dublin, https://apps.eurofound.europa.eu/restructuring-events/detail/97985.