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Unions representing workers at sports car maker TVR are seeking urgent talks after administrators were apparently called in on Friday.
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How much do they want for it? I'll dig behind the sofa cushions :-)
teabelly
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As a casual observer, I would say this company has a future. TVR make striking sports cars which, if the number seen on the roads is anything to go by, seem to sell in reasonably good numbers. They have a huge following, and get consistently good magazine reviews despite the well publicised reliability and build niggles. You simply cannot get the same performance per £ anywhere else.
I hope they find a way through this.
Cheers
DP
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Is this what happens when Russian billionaires buy UK companies?
If so, watch out Chelsea!
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Colin-E
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Whether legal or not, absurd.
Allow a company to go in to administration, and then buy it back.
news.bbc.co.uk/1/hi/england/lancashire/6388109.stm
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They call it 'phoenixism' in the building trade.
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He thought he still had the name but the receiver thought otherwise so the forced buy back,he not going to start producing in Blackpool or anywhere else if the report this morning on R4 financial section is to be believed.
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