St Helens Chamber closes after falling into administration – majority of staff redundant
St Helens Chamber has appointed administrators and is to close with immediate effect, with the loss of up to 70 jobs.
The award-winning membership and training organisation has cited a ‘perfect storm’ of reductions in government funding, the move from EU funding streams to the Government’s Shared Prosperity Fund, difficulties in generating a surplus from its external services and the hit to its balance sheet from the nationwide fall in office values.
Jason Bell and Philip Stephenson, from Grant Thornton, today (March 14) t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
