Earlier this month Perfecta said its guillotines would be exclusively sold in the UK by Graphic Arts Equipment, ending its 50-year-plus relationship with Geliot Hurner Ewen (PrintWeek, 10 July).
In a statement, Geliot Hurner Ewen managing director Brian Mickels said: Perfectas action has precipitated the decision by the directors that without a complete programme of equipment it was unlikely GHE could trade out of the situation now facing it.
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"From 1949 until the late 2000s Remploy had a network of government-subsidised factories that offered employment specifically to disabled people, originally often war veterans or victims of industrial..."
"Does appear an odd decision as with that level of shareholder funds they would be liable for the staff redundancy and cover the insolvency costs. It’s not like they could take the money and dodge..."
"It always felt that the Labour government were between a rock and a hard place with regard to fixing the mess they were left by the Tories. They have minimal wiggle room and, though not ideal, it..."
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