600 JOBS AT RISK AS HOTELS FACE COLLAPSE.SIX hundred jobs were at risk last night as a hotel chain faced collapse with pounds 70million debts. McKever Group, who run 20 hotels, flats and hostels across Scotland and northern England Northern England, The North or North of England is a rather ill-defined term, with no universally accepted definition. Its extent may be subject to personal opinion and many companies or organisations have differing definitions as to what it constitutes. , have gone into administration. But the company were last night still taking online bookings. Founder Ally McKever, who paid pounds 2million for the Gables Hotel in Gretna Green Gretna Green, village, Dumfries and Galloway, S Scotland, on the border with England. It was famous as a place of runaway marriages from 1754, when English marriage law was tightened, until 1856, when a law was passed requiring that one of the parties to marriage in last year, borrowed pounds 70million from banks to expand the business, ploughed pounds 30million of his own money into it, while pounds 4million is owed to the taxman. James Stephen, of administrators BDO Stoy Hayward BDO Stoy Hayward LLP is a partnership of chartered accountants in the United Kingdom. It is the UK member firm of BDO International, the fifth largest worldwide network of professional service firms in the world. , said: "All hotels are continuing to trade and will remain open while we conduct a review of the business with a view to selling the group as a going concern." |
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