Yeovil Tool Company Collapses into Administration
The family-run Miles Tool & Machinery Centre in Yeovil has appointed joint administrators, citing over £1 million in short-term debt. Customers report abandoned premises and unfulfilled orders.
The family-run Miles Tool & Machinery Centre in Yeovil has appointed joint administrators, citing over £1 million in short-term debt. Customers report abandoned premises and unfulfilled orders.
Italian helicopter maker Leonardo expresses optimism about its Yeovil factory's future after talks with the UK government on a £1bn contract, crucial for 3,000 jobs and the local economy.
Leonardo warns its Yeovil helicopter plant, the UK's last of its kind, risks closure unless a £1bn Ministry of Defence contract is secured. Thousands of jobs at stake.