Wrightbus
Wrightbus
(25 Sep 2019, 1:44 pm)Andreos1
They're talking of nationalisation and as much as I would love to see it (for many reasons), I cant see this government doing that.
If they survive (as I said yesterday), I think it will be through a management buyout.
Northern Ireland's manufacturing economy is really struggling at the moment. This is the last thing it needs.
The knock on effect could be huge and felt massively as far away as the docks in Heysham.
Yep. A company like this going under affects the whole supply and distribution chain and could potentially hurt anyone who has an order with them as they simply become creditors, like anyone else, and customers as creditors come pretty low in the rankings as far as administrators are concerned. Horrifying to consider that each of those streetdecks costs about the same as my house (and I no longer live in a cheap part of the county!)
(25 Sep 2019, 1:44 pm)Andreos1
They're talking of nationalisation and as much as I would love to see it (for many reasons), I cant see this government doing that.
If they survive (as I said yesterday), I think it will be through a management buyout.
Northern Ireland's manufacturing economy is really struggling at the moment. This is the last thing it needs.
The knock on effect could be huge and felt massively as far away as the docks in Heysham.
Yep. A company like this going under affects the whole supply and distribution chain and could potentially hurt anyone who has an order with them as they simply become creditors, like anyone else, and customers as creditors come pretty low in the rankings as far as administrators are concerned. Horrifying to consider that each of those streetdecks costs about the same as my house (and I no longer live in a cheap part of the county!)
