134 jobs axed at East Midlands racecourse
Towcester Racecourse in Northamptonshire has fallen into administration just days after cancelling its weekend meeting.
Mark Orton and Will Wright from KPMG have been called in as joint administrators to the Towcester Racecourse Company.
The business employed 137 staff at the time of appointment, 134 of whom have been made redundant. A skeleton staff of three people has been kept in place to help the administrators who says they are looking for a buyer for the business and its assets.
Orton said: “In recent months, the comp... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
