Builders lay off 22 staff
Friday 9th January 2009, 3:00PM GMT.
BUILDING firm Mercury Construction has stopped trading with the loss of 12 jobs, and building merchants Pentagon are poised to make ten staff redundant.
The recession is starting to hit the construction industry and it is expected that more firms will fold and that jobs will be lost in the months ahead.
Mercury Construction (1996) Ltd staff were told earlier this week that the business was no longer operating. Among the jobs the company is understood to have been working on was the conversion of the former Highfield Hotel in Trinity into apartments.
It is feared that the fall-out could lead to anything up to 200 people losing either jobs or money. Company director Rupert Myers failed to respond to repeated attempts by the JEP to contact him for comment. Mr Myers has placed a notice in tonight’s JEP to say that a meeting is scheduled for 26 January at the Charles Street offices of administrators Begbies Traynor, when a statement about the affairs of the company will be laid before creditors.
• Picture: The former Highfield Hotel site was one of the jobs Mercury were working on
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Will any of the people made redundant here get any compensation? I don’t think so but why not with all the fuss that’s being made about the Woolies staff.
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Well as our Chief Minister predicted, there will be no recession in Jersey. So now that there are very clear signs of a major slowdown (it’s like a recession but saves saying that it is one really), what are the plans to deliver international standard social benefits to all Islanders?
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