The factory, one of the biggest in the UK, manufactures homes in prefabricated modules that are put together on site, which is faster than traditional construction and has been hailed as a possible solution to the housing shortage. However, amid long planning delays and weak demand, the insurance and pensions group has told staff that it is ceasing the construction of new modules and will let the majority of workers go.
The company will begin a consultation with employees about redundancies, retaining a number to build modular homes for existing projects in Bristol, Selby in North Yorkshire and Broadstairs in Kent.
This story is from the May 05, 2023 edition of The Guardian.
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This story is from the May 05, 2023 edition of The Guardian.
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