MOVE HELPS SAVE 1,000 EVEREST JOBS
London and that has been great, selling about eight pieces so far.
While three other exhibitions are on hold due to lockdown, I ¤à ¸ ±AEÒ ÕÌç ½¦¸ Ò¤ ¦ÌÒ c¦¸ÌÒ½¸ ¤ÕȤ¦³³ collage ever for an overseas client, which has been È¦Ì¦Ì á¤¦¤ ¦Ì ÈÒĮ %½AEÕ³³çį planned solo show later in the çÈ á¦³³ ³ Ò½ ½ ¤Į
T¤¸±Ì ¦¸ ½È ç½ÕÈ ¤³AE ¸ support. Èç %½¸į ç ·¦³
Biz replies
Great to hear from you again Gary and such good news that you have managed to keep going during the lockdown, and have been commissioned to do some interesting pieces. Good luck with your planned show later in the year – we really hope that it can go ahead as things gradually come out of lockdown.
Keep up the excellent work and please keep in touch to let us know how you are doing.
DOUBLE glazing firm Everest has been saved, protecting at least 1,000 jobs.
The company has been sold back to Guernseybased Better Capital, its private equity owner, through a pre-pack administration.
The deal includes existing customer orders and more than 400 jobs at Everest’s 18 distribution centres and two manufacturing sites in Sittingbourne, Kent, and Treherbert, Wales.
It will also come as a relief to 600 selfemployed window fitters.
However, administrators FRP Advisory said 188 workers face redundancy.
Everest was founded in 1965 and is headquartered in Cuffley, Hertfordshire.
Alastair Massey, a joint administrator at FRP, said: “The business required restructuring to ensure a sustainable future in the face of incredibly challenging trading conditions in recent months. This deal secures a significant number of jobs and livelihoods for many affiliated roles.”
Meanwhile, more than one million businesses have applied for a Government-backed loan to help them get through the economic destruction caused by the Covid-19 pandemic.
Firms have also furloughed nearly nine million jobs under the Coronavirus Job Retention Scheme, where the Government pays up to 80% of workers’ wages, up to £2,500 a month.