On Air Night Flight | Midnight - 5:00am

No change at Manx IT firm

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.

More from Isle of Man Business