The layoffs begin in the largest Bioethanol factory in the United Kingdom after the government rejects the bailout | Money news Aitrend

The layoffs begin in the largest Bioethanol factory in the United Kingdom after the government rejects the bailout | Money news

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Releases should start on Tuesday in the largest Bioethanol factory in the United Kingdom, which is to close after the government has refused to offer owners a bailout. About 60 employees, just over a third of the total, must receive letters of redundancy on Tuesday and leave the site. The remaining workers will go in … Read more

The government will not offer rescue to the largest bioethanol factory in the United Kingdom | Money news Aitrend

The government will not offer rescue to the largest bioethanol factory in the United Kingdom | Money news

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The largest bioethanol factory in the United Kingdom should be closed with the loss of 160 jobs after the government has confirmed that it would not be bailout to the establishment of Lincolnshire. The owners Vivergo, a subsidiary of Associated British Foods, had warned that the factory would close without government support, and business sources … Read more

Vivergo Bioethanol Plant to close “due to the UK’s trade agreement” | Money news Aitrend

Vivergo Bioethanol Plant to close “due to the UK’s trade agreement” | Money news

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Despite “in-depth” negotiations with the government, the largest bioethanol factory in the United Kingdom must conclude due to the British-American trade agreement, according to the firm that owns it. The consultations began with the more than 160 employees on the Ververgo’s Hull site, with all the manufacturing to stop on September 13 if no funding … Read more