A bus company in the Scottish Borders has confirmed it has closed from today, Thursday 4th July.
Munro's of Jedburgh announced they have ceased trading with immediate affect, after losing contracts for nine of ten routes they provide buses for in the region.
The Director of Munro's of Jedburgh, Bruce Campbell, said:
"With deep regret I must announce today, Thursday, the closure of Munro's of Jedburgh Ltd.
"Substantial losses to Perryman Buses of Berwick upon Tweed during a recent round of tenders with Scottish Borders Council has left us in a trading position that cannot support the business.
"During very difficult circumstances I owe our employees a very deep debt of gratitude; they have supported us greatly when many would have walked.
"Within this extreme economic climate, my concerns go to the many local businesses who will suffer due to our demise.
"Lastly, severe cash flow problems over the last few years has led to a severe drop in the quality of the service presented to our loyal and supportive passengers, for this I sincerely apologise.
More top news
Emma brings you Sunday night's forecast for the Border region
A new charity has been launched in South Cumbria in response to the floods in December 2015. Hope Community will work on long-term issues.
St Aidan's Church in Carlisle has held a special service to mark the end of refurbishment after the December 2015 floods.