Administrators have confirmed more than 100 jobs will go at a Wolverton rail repair company.
BDO said 118 workers will be made redundant at Railcare's plant at Wolverton near Milton Keynes. Around 33 people will lose their jobs at Springburn, in Glasgow.
Business restructuring partner Kim Rayment said:
The majority of staff remain at both sites and we are hopeful that continued customer spending will allow the company to trade through administration.
We understand that this will be a distressing time for all concerned, and we will be working to provide what advice and support we can to affected employees.
There are a number of interested prospective buyers, and the Joint Administrators are working to secure a successful long-term future for the business with the support of customers and remaining staff."
New swimming pool opened in Wolverton in Milton Keynes this weekend.Read the full story ›
Fifty firefighters have attended a fire at a block of flats at Wolverton in Buckinghamshire. They were called to The Gables in St Georges Way just after one this morning. One man was taken to hospital and 12 others - including three children - were treated at the scene.
The fire is currently being treated as suspicious.
The newly refurbished Wolverton railway station in Milton Keynes is officially opened this afternoon.Read the full story ›
A family from Milton Keynes had a nasty surprise after the beef and onion pie they were eating had a dirty dishcloth baked inside it.Read the full story ›
90 officers and a police helicopter went to a warehouse on Deans Road in Wolverton in Milton Keynes at 1.30 am on Sunday 4th March.
They were pelted with bottles and coins by 200 people, and some had a car driven at them at speed. The rave was eventually shut down at 4am.
"The message is simple: We will not allow Milton Keynes to become a place where illegal raves take place and anyone who thinks they can come to the city, trespass on private property and organise a party can expect to be dealt with severely."