Denby Pottery Faces Administration, 600 Jobs at Risk
UK News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Denbys Pottery, a 217-year-old Derbyshire icon, faces administration, potentially leading to closure and 600 job losses. Skyrocketing gas prices, rising labor costs, tight money markets, and weaker demand for high-end homeware have hit the company hard. Despite efforts to save the business, sales dropped 17% to £18.6 million, and pre-tax profits plummeted to £86,000 from £460,000. The company is appointing FRP administrators while seeking a buyer, amidst war-driven energy spikes and broader consumer woes.
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