Feeds

MPs demand Granville Technology probe

What went wrong at Tiny/Time firm?

  • alert
  • submit to reddit

The essential guide to IT transformation

MPs are queuing up to demand an inquiry into last month’s collapse of Granville Technology Group Ltd.

Burnley-based Granville, which operated the Time, Tiny and Computer Shop brands, collapsed into administration just over a week ago, following months of losses. One and a half thousand workers immediately lost their jobs.

Local MPs, both Labour and Conservative, have insisted “something must be done”, though they have subtly different spins on the matter.

Kitty Ussher, Labour MP for Burnley, has called on the DTI to investigate the company’s collapse, paying particular attention to management’s actions in the run-up to the collapse. At the same time, she expressed confidence that government agencies such as Jobcentre plus were doing everything they could to help former Granville employees.

Ussher’s remarks came just days after Nigel Evans, the Tory MP for Ribble Valley, also called for an inquiry, demanding to know “which members of the board knew that the company was in dire straits, and when they knew.”

Evans also wanted to know “what steps were taken to try and seek assistance from either the Department of Trade and Industry or other Government agencies prior to the announcement being made”. As well as expressing concern for axed workers, Evans also voiced worries about the effect on other local firms.

So far little new information has emerged from administrators Grant Thornton, beyond the fact the total owed to creditors is around £30m. Reports suggest there have been around 300 enquiries about Granville’s assets, though it seems these are more concerned with the group’s property assets, such as its retail leases, than the PC manufacturing operation.®

Related stories

Quantum eyes Tiny brand
Tahir Mohsan in talks to save Time jobs
Granville Technology goes into administration
Time shutters stores

Next gen security for virtualised datacentres

More from The Register

next story
6 Obvious Reasons Why Facebook Will Ban This Article (Thank God)
Clampdown on clickbait ... and El Reg is OK with this
No, thank you. I will not code for the Caliphate
Some assignments, even the Bongster decline must
Kaspersky backpedals on 'done nothing wrong, nothing to fear' blather
Founder (and internet passport fan) now says privacy is precious
TROLL SLAYER Google grabs $1.3 MEEELLION in patent counter-suit
Chocolate Factory hits back at firm for suing customers
Mozilla's 'Tiles' ads debut in new Firefox nightlies
You can try turning them off and on again
Sit tight, fanbois. Apple's '$400' wearable release slips into early 2015
Sources: time to put in plenty of clock-watching for' iWatch
Ex-IBM CEO John Akers dies at 79
An era disrupted by the advent of the PC
prev story

Whitepapers

5 things you didn’t know about cloud backup
IT departments are embracing cloud backup, but there’s a lot you need to know before choosing a service provider. Learn all the critical things you need to know.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?