Belmar Engineering, which was formed in 1975, has ceased trading after coming under pressure from increased competition, losses over recent years, and falling orders. Efforts had been made to sell the business, in whole or in part, before the decision to permanently close was taken as the “final option”.
It meant the immediate loss of all 48 jobs.
Read Scott Wright’s story here
Liquidators have been appointed to the operator of a Scottish shopping centre.
Alistair McAlinden and James Dewar from Interpath were appointed joint provisional liquidators of St Giles Shopping Centre Holdings Ltd.
The company was the operator of the St Giles Centre in…
