A printing company in the Scottish Borders has gone into liquidation with the loss of 15 jobs.
The family-owned Meigle Colour Printers was founded more than 40 years ago.
The company claims that in recent years the business has faced challenges, including the shift from printed to digital media.
It says the rising costs of material has resulted in trading losses and cash flow pressures.
With no access to funding, the auditor KPMG said it had “no option” but to cease trading immediately and make the employees redundant.
The Head of Restructuring for KPMG and Joint Provisional Liquidator said:
It is sad to see another printing firm, particularly one as well established as Meigle, enter liquidati…
Read the full article at: http://www.itv.com/news/border/2017-10-25/jobs-lost-after-borders-printing-company-goes-into-liquidation/