Feeds

MPs demand Granville Technology probe

What went wrong at Tiny/Time firm?

  • alert
  • submit to reddit

Eight steps to building an HP BladeSystem

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

Mobile application security vulnerability report

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
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.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.