The new owner of Marlborough Stirling has warned there will be job losses at the troubled firm, saying it is targeting savings of £6m a year.
United Utilities, the parent company of Vertex which now owns Marlborough Stirling, made the announcement as part of its preliminary results at the end of last week. The group say it has found immediate opportunities to save money by cutting central overheads and by integrating certain business processes from Marlborough Stirling into Vertex. United Utilities (UU) says that despite the job losses among Marlborough Stirling’s 1600 strong workforce it is in fact looking to grow staff in the long term. Nigel Charlton, external affairs manager at Vertex, has added the survival of the M...
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