
An Island-based IT firm says it’s trading normally after its UK arm called in the administrators.
IT applications and reseller firm 2e2 entered administration on Monday, after the Berkshire-based operation couldn’t secure a deal over its £270m debts.
319 UK sales and admin staff have already been laid off from 10 UK subsidiaries, but the Manx-based company 2e2 Isle of Man says it’s business as usual.
Nobody from the company has been available for interview.
First risk assessment on proliferation financing published
Minister acknowledges challenges facing hospitality industry
Government 'supporting' Strix after announcement of Ramsey factory closure
Island-based Strix factory to close
