Body armour maker goes into administration
Thursday 21 October 2010
More than 60 staff at Shieldtech, which supplies body armour to soldiers in Afghanistan and 25 British police forces, were made redundant yesterday after the company was placed in administration.
The administrator, RSM Tenon, said it hoped to find a buyer or investor for the business and its subsidiary, Aegis, within seven to 10 days.
The company, based in Woolston, Warrington, blamed its financial troubles on a drop in demand from police forces.
- 1 Kenya President Uhuru Kenyatta clashes with President Obama on LGBT equality: ‘Gay rights is really a non-issue’
- 2 Public anger after French sunbather beaten up by gang for wearing a bikini in Reims park
- 3 Mers outbreak: Manchester Royal Infirmary A&E closes over suspected cases
- 4 Jon Snow alive? New Game of Thrones toy line suggests he's not among the dead
- 5 Denmark bans kosher and halal slaughter as minister says ‘animal rights come before religion’
The 9 charts that show the 'left-wing' policies of Jeremy Corbyn the public actually agrees with
Labour leadership contender Jeremy Corbyn says 'we can learn a great deal from Karl Marx'
The last thing Labour needs is a leader like Jeremy Corbyn who people want to vote for
What the Labour party could look like under Jeremy Corbyn
I am the Jeremy Corbyn supporter that many will tell you doesn't exist
Public anger after French sunbather beaten up by gang for wearing a bikini in Reims park
iJobs Money & Business
£20000 - £25000 per annum + competitive: SThree: £20000 - £25000 per annum + c...
£20000 per annum: Recruitment Genius: This provider of insurance and financial...
£16000 - £25000 per annum: Recruitment Genius: This fast growing financial ser...
£20000 - £25000 per annum + competitive: SThree: SThree are a global FTSE 250 ...