The UK’s largest bioethanol plant is set for closure with the loss of 160 jobs after the government confirmed it would not offer a bailout deal to the facility in Lincolnshire.
Owners Vivergo, a subsidiary of Associated British Foods, had warned that the plant would close without government support, and sources at the company have told Sky News the wind-down process is now likely to begin.
Read more: https://news.sky.com/story/government-will-not-offer-bailout-to-uks-largest-bioethanol-plant-13412143
#plant #closure #business #bioethanol #employment #uknews #skynews
SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews
Follow us on Twitter: https://twitter.com/skynews
Like us on Facebook: https://www.facebook.com/skynews
Follow us on Instagram: https://www.instagram.com/skynews
Follow us on TikTok: https://www.tiktok.com/@skynews
Sky News Daily podcast is available for free here: https://podfollow.com/skynewsdaily/
For more content go to http://news.sky.com and download our apps: Apple https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android
https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
To enquire about licensing Sky News content, you can find more information here: https://news.sky.com/info/library-sales
