A skeleton staff of 375 employees will stay on at EUK to help with the process of winding down but the move means the immediate loss of 700 jobs.
Staff were told this morning that Deloitte had failed to find a buyer for EUK, after an interested party pulled out earlier in the week.
Dan Butters, joint administrator and reorganisation services partner at Deloitte, says, "Regrettably, despite our continued efforts, we have been unable to identify a suitable buyer for ...
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