Court action forces fracking firm to cut workforce by a fifth

Fracking company Cuadrilla Resources has slashed its workforce by a fifth to 23 amid a further delay in the start of its flagship shale gas drilling project in Lancashire. The hold up in the start of fracking at the site in Little Plumpton on the Fylde contributed to losses of up to £15m which were reported last October. Parent company Cuadrilla Resources Holdings was boosted when local opponents – Preston New Road Action Group - to its project lost a High Court challenge against the scheme recently. However, the group has... 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...
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