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Business · 1 hour ago

136 jobs lost as fleet firm VMS goes into administration

136 jobs lost as fleet firm VMS goes into administration

Photo by abdo alshreef on Pexels

VMS Fleet Management, which ran about 6,570 vehicles across the UK, will be wound down after 24 years because no buyer came forward. Barclays Bank served a winding-up petition on the firm, and HMRC lodged a separate one on 9 September. Administrators from BTG Begbies Traynor, appointed on Tuesday, have kept 24 staff on to help with the process.

Reported by Express · How we write briefs

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