""This decision was not taken lightly and follows a thorough review of all aspects of the business, following its insolvency. We understand that this a very difficult time for all those affected by this decision, and the Insolvency Service will fully support employees subject to redundancy via the redundancy payments service. The site remains safe, and the official receiver continues to prioritise health and safety at the site alongside the ongoing process to secure the sale of the refinery.""
""The Government has been tin eared to the plight of workers at the second oil refinery facing closure in less than a year. This makes a mockery of government promises to protect workers and its plan for net zero. The Government had promised to ensure that job focused bids would be the priority at Lindsey, yet prior to bids even being considered, they are already issuing redundancy notices.""
One hundred and twenty-five jobs will be lost at the Lindsey oil refinery after the site entered administration. The refinery is located in North Killingholme, North Lincolnshire, and the official receiver is seeking a rescue deal. Owner Prax Group collapsed into insolvency in June and the government's official receiver assumed control. The Insolvency Service will support employees through the redundancy payments service. The site remains safe while health and safety and the sale of the refinery are prioritised. An ongoing investigation examines the conduct of the company and its directors. A union criticised the government's response and timing of redundancy notices.
Read at London Business News | Londonlovesbusiness.com
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