A week after Dawson shares were suspended on the stock market, launching 200 employers in the Borders into an uncertain future, local MP Michael Moore has expressed his concern that the problems facing the company are still unresolved.
Dawson International, which has a large pension deficit, run the Barrie Mill, which is one of Hawick's biggest employers.
The mill makes cashmere garments to be sold to some of the world's top fashion brands.
Commenting, Mr Moore said:
“It is now a week since the shares were suspended and I am very concerned about the uncertainty hanging over the people of Hawick.
“The issues have to be resolved quickly so that the business at Barrie can be put on a secure footing.
“I am continuing to keep in close contact with company representatives and I hope we will receive news of a resolution very soon.”
There is optimism that a textile mill in Hawick can be saved, despite its parent company going into administration.
Talks have been continuing throughout the day over the future of one of Hawick's biggest employers.