There are claims that around 350 jobs may be at risk at Willerby Holiday Homes, one of the region's biggest caravan manufacturers.
The company has issued this statement:
Following the Government's announcement to impose VAT on the sale of new static caravans / holiday homes...the Management of Willerby Holiday Homes had to regrettably announce notice of potential redundancies to its employees.....As yet the scale of any structural changes are not certain.....Willerby Holiday Homes will do all in its power to minimise the negative impacts of any changes to its employees and broader stakeholders.
More top news
A Scarborough man convicted of a child sex offence has been jailed today.
It will be feeling bitterly cold by the weekend and into next week. Find out more with Kerrie.
Residents in a Lincolnshire village say potholes have become so bad, they are having to fork out thousands of pounds in car repair bills