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Business · 2 hours ago

Used car dealer Cars4You shuts, with all 26 staff made redundant

Used car dealer Cars4You shuts, with all 26 staff made redundant

Peter Barr via Wikimedia Commons (CC BY-SA 4.0)

The firm had up to 1500 used cars and some light vans in stock, spread across five sites in central Scotland. Directors called in administrators, who take charge of a failing company, this week because of ongoing cash flow problems. BTG, the firm handling the collapse, says it will sell the stock to repay creditors and is helping staff claim support.

Reported by The National Scot · How we write briefs

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