Wrightbus
Wrightbus
(25 Sep 2019, 4:47 pm)BusLoverMum A rather interesting, if lengthy, article that's dropped into my Google feed
https://www.londonreconnections.com/2019...istration/
It's certainly an interesting, although I don't necessarily agree with the points that they brought up.
Brexit seems to be used as a catch all for bad business decisions these days! They mention that Brexit is 'arguably the crippling final blow' but then don't give any actual reasons to why it was the final blow.
As much as I am a fan of Johnson, I do think that the NBfL project was a bad idea, and that along with the bad reliability of the hybrid system was probably one of the nails in the coffin for Wright.
But as I said further up, I genuinely think that it was being run in to the ground by it's owner to extract as much money out as possible before going bust. That is the only reason I can think of that would explain the sky high rent and enormous donations to their own church
(25 Sep 2019, 4:47 pm)BusLoverMum A rather interesting, if lengthy, article that's dropped into my Google feed
https://www.londonreconnections.com/2019...istration/
It's certainly an interesting, although I don't necessarily agree with the points that they brought up.
Brexit seems to be used as a catch all for bad business decisions these days! They mention that Brexit is 'arguably the crippling final blow' but then don't give any actual reasons to why it was the final blow.
As much as I am a fan of Johnson, I do think that the NBfL project was a bad idea, and that along with the bad reliability of the hybrid system was probably one of the nails in the coffin for Wright.
But as I said further up, I genuinely think that it was being run in to the ground by it's owner to extract as much money out as possible before going bust. That is the only reason I can think of that would explain the sky high rent and enormous donations to their own church
I have just watched the BBC News report on Wrightbus.
All employees were indeed sent home this morning and were apparently told that they had lost their jobs, and they took all belongings with them.
Near the end of the report there was drone footage of the factory with a few buses outside - including a one in base X-Lines livery.
I have just watched the BBC News report on Wrightbus.
All employees were indeed sent home this morning and were apparently told that they had lost their jobs, and they took all belongings with them.
Near the end of the report there was drone footage of the factory with a few buses outside - including a one in base X-Lines livery.
(25 Sep 2019, 5:27 pm)AIG20I have just watched the BBC News report on Wrightbus.
All employees were indeed sent home this morning and were apparently told that they had lost their jobs, and they took all belongings with them.
Near the end of the report there was drone footage of the factory with a few buses outside - including a one in base X-Lines livery.
Actually, there were 2 in X-Lines Livery, one in Green and One in Blue. Which confirms that either X31/45/46 or X47/70/71 or all of them are going green
(25 Sep 2019, 5:27 pm)AIG20I have just watched the BBC News report on Wrightbus.
All employees were indeed sent home this morning and were apparently told that they had lost their jobs, and they took all belongings with them.
Near the end of the report there was drone footage of the factory with a few buses outside - including a one in base X-Lines livery.
Actually, there were 2 in X-Lines Livery, one in Green and One in Blue. Which confirms that either X31/45/46 or X47/70/71 or all of them are going green
(25 Sep 2019, 4:23 pm)streetdeckfan
I'm sure there will be huge financial incentives to stay in Ballymena for anyone that buys them, probably in the form of tax breaks.
It looks like Martijn has chimed in on the matter on Twitter with regards still getting the StreetDecks delivered
https://twitter.com/MartijnGNE/status/11...5223237635
We hope so. It’s early days of this ‘new’ news. Hopefully the Administrators will be able to find a buyer.
To me this suggests that they knew about this earlier, but to be honest, we could all see the writing on the wall (pun very much intended).
I'm really starting to wonder if this is why they branched out to ADL for the 97 and X30
What incentives are available at the moment like?
(25 Sep 2019, 4:23 pm)streetdeckfan
I'm sure there will be huge financial incentives to stay in Ballymena for anyone that buys them, probably in the form of tax breaks.
It looks like Martijn has chimed in on the matter on Twitter with regards still getting the StreetDecks delivered
https://twitter.com/MartijnGNE/status/11...5223237635
We hope so. It’s early days of this ‘new’ news. Hopefully the Administrators will be able to find a buyer.
To me this suggests that they knew about this earlier, but to be honest, we could all see the writing on the wall (pun very much intended).
I'm really starting to wonder if this is why they branched out to ADL for the 97 and X30
What incentives are available at the moment like?
(25 Sep 2019, 7:02 pm)Andreos1
What incentives are available at the moment like?
I'm not saying there is at the minute, but if there is a buyer and they want to move operations to somewhere closer to the customers, I can imagine local government might want to offer grants or tax breaks to incentivise them to say and support the local economy.
(25 Sep 2019, 7:02 pm)Andreos1
What incentives are available at the moment like?
I'm not saying there is at the minute, but if there is a buyer and they want to move operations to somewhere closer to the customers, I can imagine local government might want to offer grants or tax breaks to incentivise them to say and support the local economy.
(25 Sep 2019, 7:14 pm)streetdeckfan
I'm not saying there is at the minute, but if there is a buyer and they want to move operations to somewhere closer to the customers, I can imagine local government might want to offer grants or tax breaks to incentivise them to say and support the local economy.
Which local government? One in NI or elsewhere?
(25 Sep 2019, 7:14 pm)streetdeckfan
I'm not saying there is at the minute, but if there is a buyer and they want to move operations to somewhere closer to the customers, I can imagine local government might want to offer grants or tax breaks to incentivise them to say and support the local economy.
Which local government? One in NI or elsewhere?
(25 Sep 2019, 8:23 pm)Andreos1
Which local government? One in NI or elsewhere?
NI I would imagine, I'm not really up on my Northern Irish politics to be honest so I don't know how it works over there.
(25 Sep 2019, 8:31 pm)streetdeckfan
NI I would imagine, I'm not really up on my Northern Irish politics to be honest so I don't know how it works over there.
Ah right.
Wasnt sure whether you meant over there or not.
Not sure there's really a government over there at the moment. Power sharing seems a shambles and after the energy scandal of a few years back, not sure how much money there is for tax breaks and the like.
(25 Sep 2019, 8:31 pm)streetdeckfan
NI I would imagine, I'm not really up on my Northern Irish politics to be honest so I don't know how it works over there.
Ah right.
Wasnt sure whether you meant over there or not.
Not sure there's really a government over there at the moment. Power sharing seems a shambles and after the energy scandal of a few years back, not sure how much money there is for tax breaks and the like.
(25 Sep 2019, 8:34 pm)Andreos1
Ah right.
Wasnt sure whether you meant over there or not.
Not sure there's really a government over there at the moment. Power sharing seems a shambles and after the energy scandal of a few years back, not sure how much money there is for tax breaks and the like.
There's not really much of a government anywhere in the UK at the minute!
I'm sure that any tax break they give would be less costly than having to support an extra 1400 unemployed workers!
(25 Sep 2019, 8:34 pm)Andreos1
Ah right.
Wasnt sure whether you meant over there or not.
Not sure there's really a government over there at the moment. Power sharing seems a shambles and after the energy scandal of a few years back, not sure how much money there is for tax breaks and the like.
There's not really much of a government anywhere in the UK at the minute!
I'm sure that any tax break they give would be less costly than having to support an extra 1400 unemployed workers!
(25 Sep 2019, 8:42 pm)streetdeckfan
There's not really much of a government anywhere in the UK at the minute!
I'm sure that any tax break they give would be less costly than having to support an extra 1400 unemployed workers!
I'd imagine the stack of Michelin, H&W and Bombardier workers are already at the front of the queue!
(25 Sep 2019, 8:42 pm)streetdeckfan
There's not really much of a government anywhere in the UK at the minute!
I'm sure that any tax break they give would be less costly than having to support an extra 1400 unemployed workers!
I'd imagine the stack of Michelin, H&W and Bombardier workers are already at the front of the queue!
(25 Sep 2019, 8:49 pm)Andreos1
I'd imagine the stack of Michelin, H&W and Bombardier workers are already at the front of the queue!
Hence why I said extra " alt="" title="">
Plus, I'd imagine they're more likely to help out Wright since they are getting far more coverage because they made the 'Boris Bus', and as we all know politics isn't about what makes sense, it's about what makes politicians look good!
(25 Sep 2019, 8:49 pm)Andreos1
I'd imagine the stack of Michelin, H&W and Bombardier workers are already at the front of the queue!
Hence why I said extra " alt="" title="">
Plus, I'd imagine they're more likely to help out Wright since they are getting far more coverage because they made the 'Boris Bus', and as we all know politics isn't about what makes sense, it's about what makes politicians look good!
I would imagine the prices on the enviro product range has shot up today.
Wonder if the Wrightbus administration affects developments in First UK Bus. Fleets heavily dependant in Wright now with potentially limited mechanical/parts support won’t be attractive to buyers.
Apparently Boris has pledged to help Wrightbus, I doubt that means nationalising them considering it's a conservative government
"We have been working on it the whole time," he told BBC News NI.
"You may know that the negotiations got very close, there was a particular problem that came up to do with the ownership of the land.
"We want to sort it out, we are going to do what we can to help."
Apparently Boris has pledged to help Wrightbus, I doubt that means nationalising them considering it's a conservative government
"We have been working on it the whole time," he told BBC News NI.
"You may know that the negotiations got very close, there was a particular problem that came up to do with the ownership of the land.
"We want to sort it out, we are going to do what we can to help."
https://www.bbc.co.uk/news/uk-northern-ireland-49837250
(27 Sep 2019, 11:15 am)streetdeckfanApparently Boris has pledged to help Wrightbus, I doubt that means nationalising them considering it's a conservative government
"We have been working on it the whole time," he told BBC News NI.
"You may know that the negotiations got very close, there was a particular problem that came up to do with the ownership of the land.
"We want to sort it out, we are going to do what we can to help."
Um, yeah, we know about that problem^^^
(27 Sep 2019, 11:15 am)streetdeckfanApparently Boris has pledged to help Wrightbus, I doubt that means nationalising them considering it's a conservative government
"We have been working on it the whole time," he told BBC News NI.
"You may know that the negotiations got very close, there was a particular problem that came up to do with the ownership of the land.
"We want to sort it out, we are going to do what we can to help."
Um, yeah, we know about that problem^^^
A bit more about those problems. Ex rmoyees are, understandably, angry.
https://www.newsletter.co.uk/business/wr...-1-9087113
(27 Sep 2019, 3:33 pm)BusLoverMum A bit more about those problems. Ex rmoyees are, understandably, angry.
https://www.newsletter.co.uk/business/wr...-1-9087113
Ex Employees protested outside the Green Pastures Church today.
It's not often I side with the employees, but in this situation it's impossible to side with the Wrightbus.
One brings up a very valid point, one which definitely needs answered
“How could he donate to the church without looking after the workforce and keeping the company going? That’s what we want answered,”
(27 Sep 2019, 3:33 pm)BusLoverMum A bit more about those problems. Ex rmoyees are, understandably, angry.
https://www.newsletter.co.uk/business/wr...-1-9087113
Ex Employees protested outside the Green Pastures Church today.
It's not often I side with the employees, but in this situation it's impossible to side with the Wrightbus.
One brings up a very valid point, one which definitely needs answered
“How could he donate to the church without looking after the workforce and keeping the company going? That’s what we want answered,”
(29 Sep 2019, 1:15 pm)streetdeckfan
Ex Employees protested outside the Green Pastures Church today.
It's not often I side with the employees, but in this situation it's impossible to side with the Wrightbus.
One brings up a very valid point, one which definitely needs answered
“How could he donate to the church without looking after the workforce and keeping the company going? That’s what we want answered,”
Yet the Wright family assert that they did nothing wrong. There's everything wrong with diverting money from the business if the business can't remain viable without that money. There's even more with diverting the money then expecting to be rescued.
(29 Sep 2019, 1:15 pm)streetdeckfan
Ex Employees protested outside the Green Pastures Church today.
It's not often I side with the employees, but in this situation it's impossible to side with the Wrightbus.
One brings up a very valid point, one which definitely needs answered
“How could he donate to the church without looking after the workforce and keeping the company going? That’s what we want answered,”
Yet the Wright family assert that they did nothing wrong. There's everything wrong with diverting money from the business if the business can't remain viable without that money. There's even more with diverting the money then expecting to be rescued.
(29 Sep 2019, 2:30 pm)BusLoverMumWhen a business is making profit and you donate over 4 million to your own church, which causes the business to make a loss, there has to be some law to prevent that!
Yet the Wright family assert that they did nothing wrong. There's everything wrong with diverting money from the business if the business can't remain viable without that money. There's even more with diverting the money then expecting to be rescued.
(29 Sep 2019, 2:30 pm)BusLoverMumWhen a business is making profit and you donate over 4 million to your own church, which causes the business to make a loss, there has to be some law to prevent that!
Yet the Wright family assert that they did nothing wrong. There's everything wrong with diverting money from the business if the business can't remain viable without that money. There's even more with diverting the money then expecting to be rescued.
Missed this yesterday.
Apparently there are 2 bidders for Wrightbus, one from England and one from the US.
I would have thought ADL might be interested, but they're Scottish not English and owned by the Canadians not the Americans
https://www.bbc.co.uk/news/uk-northern-ireland-49901167