Summary
Nearly one-third of workers at the Lindsey Oil Refinery in North Lincolnshire will lose their jobs following the owner's financial troubles. The Insolvency Service announced that 125 employees would be laid off, while efforts to sell the refinery continue. The government and union have differing views on how the situation is being handled.
Key Facts
- Lindsey Oil Refinery is located in North Killingholme, North Lincolnshire.
- 125 workers will lose their jobs out of the 380 employees at the refinery.
- The refinery's owner, Prax Group, went into administration in June.
- The UK's Insolvency Service is responsible for managing the situation.
- The site is being prepared for sale to secure its future.
- An investigation is ongoing into the conduct of the company and its directors after the administration.
- The Unite union criticized the government for not supporting efforts to maintain full employment at the site.
- At least two offers have been made to buy and operate the refinery with the current workforce.
