Coventry Observer Profits halved at CityPress before administration with 800 jobs fears (1 Viewer)

[Newsbot]

PROFITS halved last year at one of Coventry’s biggest employers before it went into administration, leaving 800 staff and their families with uncertain futures. Recent accounts for Covpress Limited show profits halved last year to £2.2million as the company sought to expand. The administration has been blamed on ‘cash flow’ problems…

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