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| Posts lost at porcelain company | Posts lost at porcelain company |
| (2 days later) | |
| Forty jobs have gone at pottery maker Royal Worcester and Spode - a day after the firm called in administrators. | |
| Accountants Pricewaterhouse Coopers (PWC) said 22 posts went from Worcester, 15 in Stoke-on-Trent and three in Newcastle-under-Lyme. | |
| It described the redundancies, on Friday morning, as "unavoidable". | It described the redundancies, on Friday morning, as "unavoidable". |
| The move into administration followed the firm's failure to sell its Stoke-on-Trent site along with the current economic downturn, PWC said earlier. | The move into administration followed the firm's failure to sell its Stoke-on-Trent site along with the current economic downturn, PWC said earlier. |
| Royal Worcester and Spode, which dates back to 1751, employs 388 people in the UK at sites in Stoke, Worcester and Lymdale, in Newcastle-under-Lyme, Staffordshire. With a great deal of regret we did have to make a number of redundancies this morning at the site Matthew Hammond, Pricewaterhouse Coopers | |
| PWC told BBC News that there had been a "great deal" of early interest in the firm and that it was hopeful a buyer could be found. | PWC told BBC News that there had been a "great deal" of early interest in the firm and that it was hopeful a buyer could be found. |
| It said it was also working with the firm's suppliers, employees and customers to try and find a solution. | It said it was also working with the firm's suppliers, employees and customers to try and find a solution. |
| Confirming the job losses, Mathew Hammond from PWC, added that the business was continuing to trade. | Confirming the job losses, Mathew Hammond from PWC, added that the business was continuing to trade. |
| "We've had a great deal of interest in the business over the last 24 hours and in particular, in reaction to a lot of the press coverage that this story and importance of the brand attracted yesterday," he said. | "We've had a great deal of interest in the business over the last 24 hours and in particular, in reaction to a lot of the press coverage that this story and importance of the brand attracted yesterday," he said. |
| "With a great deal of regret we did have to make a number of redundancies this morning at the site. | "With a great deal of regret we did have to make a number of redundancies this morning at the site. |
| "We have met with all those affected personally of course the remaining staff will continue to work with us in this process." | "We have met with all those affected personally of course the remaining staff will continue to work with us in this process." |
| The company has been hit by consumers' changing tastes and cheaper imports in recent years. | The company has been hit by consumers' changing tastes and cheaper imports in recent years. |
| Last summer 250 workers were laid off in Stoke-on-Trent, citing an increase in adverse trading conditions. | Last summer 250 workers were laid off in Stoke-on-Trent, citing an increase in adverse trading conditions. |
| The US trading subsidiary of the firm, The Royal China and Porcelain Companies Inc, is not affected. | The US trading subsidiary of the firm, The Royal China and Porcelain Companies Inc, is not affected. |