🚨 Unimetals Recycling has gone bust! 🚨
In a shock move, Unimetals Recycling, one of the UK’s top scrap metal companies, has entered liquidation. This dramatic collapse puts about 650 jobs at risk across their 28 UK sites, including those in Newport and Skewen. 😢
Last year, Unimetals made headlines with their £195m purchase of Sims’ UK operations but struggled with payments. When the search for a buyer hit a dead end, the owners filed a winding-up petition.
Employees based at Newport’s Alexandra Dock have shared their frustration, revealing that they were “left in the dark” for weeks before operations suddenly halted last Friday. With Christmas on the horizon, many are now facing uncertainty and tough times ahead. 🎄💼
The collapse not only impacts the workers but also shocks the wider community, affecting hundreds of families. More details and updates will follow as this story develops.
Stay tuned for more updates, and let us know your thoughts below! 💬📢
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