City Link parcel delivery company goes into administration
A parcel delivery company which employs 2,727 people, has gone into administration.
City Link has stopped accepting parcels from customers at its head office and transport hub in Coventry, its three other transport hubs and 53 UK depots.
The Coventry-based company, owned by investment firm Better Capital, called in administrators on Christmas Eve after "substantial losses".
RMT union general secretary Mick Cash told the BBC: "The way it's happened... that on Christmas Day they've done this to our members is disgraceful."
Andy Moore reports.
26 Dec 2014
- From the section Business