Following an accelerated M&A process, Duff & Phelps sold the business and assets to Reynolds Catering Supplies Limited in a transaction which preserved the jobs of all 62 staff.
On 1 April, the National Living Wage came into effect in the UK, increasing more than one million workers' salaries across the country. This article highlights how UK businesses will deal with the 7.5 per cent increase in salary costs and examines the broader economic impacts of the change. Phil Duffy, Managing Director, comments on the countermeasures taken by businesses to reduce the impact of higher employment costs.
As Administrator, Duff & Phelps sold majority of the business and assets to Hilding Anders Holdings Limited, saving the jobs of over 100 employees.
November 28-29, 2018 La Jolla,
November 28-29, 2018 La Jolla