Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Wednesday, 28 January 2009

Help available for recession victims and council tax strugglers

PEOPLE in need of benefits or who are who are having problems meeting council tax payments are being urged to contact West Somerset Council for help.
The council’s finance portfolio holder, Councillor Doug Ross, said: “The economic crisis is having an effect on the local economy and some jobs have already been lost.
“Some businesses are also cutting employees’ hours to try to reduce operating costs.
“We appreciate that people may be struggling to meet payments, and that includes council tax bills.
“If this is the case, benefits may be available and we actively encourage local people to get in contact to see if we can help.
“We would rather work with people who are struggling to pay, so we can advise people on what benefits may be available.
“We can also help people who are living alone to claim the single person’s council tax discount, which reduces their bills by 25 per cent.”
Councils are obliged to take all necessary steps to recover unpaid council tax to support essential services, and this includes applying to the magistrates’ court for liability orders to enforce recovery.
“We would rather avoid court proceedings, and would always try first to work with people who are struggling to pay, as well as during any proceedings.
“We know more people than usual are experiencing changes in circumstances and we want to help if we can.
“We can also supply details of organisations that specialise in providing free, confidential advice for people in debt or facing financial difficulties.”
These organisations include:
  • Adviceguide, an on-line CAB service providing practical, up-to-date information on a wide range of topics, including benefits housing, debt and tax issues - www.adviceguide.org.uk
  • West Somerset Advice Bureau, Market House Lane, Minehead - 01643 704624
    Consumer Credit Counselling Service, which gives a wide range of free debt advice – freephone 0800 138 1111 or visit www.cccs.co.uk
  • National Debtline, for free, confidential and independent advice on debt issues – 0808 808 4000 or visit www.nationaldebtline.co.uk
  • Payplan, the UK's largest provider of free debt solutions, including free debt management plans and IVAs - freephone: 0800 917 7823 or visit www.payplan.com
  • UK Insolvency Helpline, for free, confidential, independent debt information – 0808 074 6918 or visit www.insolvencyhelpline.co.uk
The district council can be contacted by calling 01643 703704 for people to find out if they are eligible for benefits or to seek guidance if they are having problems paying council tax bills.

Tuesday, 6 January 2009

Extra day for Woolworths to sell off stock before closure

STAFF in the Minehead branch of Woolworths have been given a 24-hour reprieve on the store’s closure.
The shop, where prices have been slashed to mere pennies during a closing down sale, was last night due to be among the final 200 to close their doors to the public for the last time.
But administrators Deloitte said it was allowing the stores to remain open for an extra day in an effort to sell off the last of its stock - and even fixtures and fittings if people would buy them.
Deloitte said the additional day’s trading would also allow more time to make ‘final arrangements’ for winding up the business.
Woolworths went into administration in November with debts of £385 million and efforts by Deloitte to find a buyer came to nothing.
More than half of the 807 stores nationwide have already closed, and the Minehead store is in the final batch to be shut.
Woolworths, which has nearly 30 staff in Minehead, first opened in the town in 1937.
All 27,000 remaining Woolworths employees nationwide will be made redundant after the closures.
Deloitte has been in talks with other retail chains with a view to selling the leases on some of the Woolworths premises, and rumours have surfaced in Minehead of a clothing company showing an interest in the store once it has shut.

Friday, 2 January 2009

Recession in 2009 could 'devastate' town's shopping centre

THE shopping centre of Minehead could be 'devastated' as the recession claims more retail victims in 2009.
Insolvency experts have warned that more than 10 national or regional retail chains risk going bust during January alone - on top of those which have already gone into administration.
And locally, The Post has been told of up to five Minehead town centre outlets which could soon be lost - not including Woolworths, which will close on January 5.
The gloomy news comes on top of predictions that unemployment nationally will hit three million this year.
Nick Hood, a partner in Begbies Traynor, the UK’s leading business rescue, recovery, and restructuring specialist, said few retailers would have made profits during the Christmas trading period because of discounting.
The profits made at this time of year often helped retailers stay afloat for the rest of the year.
But Mr Hood said: “The problem facing the management of retail chains is whether they can find funding to restock in January, pay their VAT bills, and survive through until Christmas starts again next October.”
He said retailers now faced the danger that banks and suppliers which were prepared to support them over Christmas might no longer be willing to do so.
Retailers were also particularly vulnerable in January because they often had more cash and less stock than at any other time of the year, so it was a prime time for creditors to force them into administration.
Although The Post has names of local branches of retailers supposedly ‘at risk’, we have decided not to publish them.
Locally, Minehead Chamber of Commerce has urged West Somerset residents to shop locally and support traders.
Chamber spokesman Graham Sizer said every pound spent in local shops would circulate several times before the money was taken out of the area.

Wednesday, 10 December 2008

Job losses shock at dairy as recession hits yoghurt buying public

THE first major round of West Somerset job losses was announced today as the recession began to bite at Cannington organic yoghurt producers Yeo Valley Farm.
The family-owned company shocked the local community by saying 100 out of 250 jobs could be lost next March at its Cannington dairy site, which it bought from Dairy Crest 11 years ago.
Yeo Valley said it was restructuring because it was being affected by increasing production and raw materials costs at the same time as consumers were showing in the recession and spending less on its products.
West Somerset MP Ian Liddell-Grainger expressed his shock at the news.
Mr Liddell-Grainger said: “I am absolutely horrified and obviously very concerned by these job losses.
“I understand things have not been good for anybody lately, but I would not have expected Yeo Valley to have been hit by the economic problems.
“Yeo Valley is an exemplary employer and I am very worried about these figures of 100 jobs to go.
“I will be in touch with the chief executive to find out exactly what is going on.”
The Cannington redundancies are likely to be across the board with both operational and management posts affected.
The plan is to move the factory from a 24-hour-a-day, seven-day-a-week production cycle to a 12-hour shift pattern.
Yeo Valley director Graham Keating said: “Trading within the dairy market is currently very tough.
“Although we saw an increase in sales over the last 12 months of seven per cent, our raw materials and production costs have rocketed significantly.
“Our organic milk sales continue to grow strongly but within the highly promotion-driven and price sensitive yoghurt market, we have seen consumers become more cautious with their spending over the last three months and this trend is set to continue into 2009.
“It is imperative that we restructure our business in order to remain competitive and we are therefore left with no alternative than to reduce production in the parts of the company most affected by this buying downturn.”
Mr Keating said every effort would be made to offer alternative employment within the company to those affected by the job cuts.
The company has now begun a 90-day redundancy consultation period with staff.
Yeo Valley also runs two other dairies, in, Blagdon, North Somerset, and Newton Abbott, Devon, and a distribution warehouse in Isleport, near Highbridge, with a total of 1,300 employees.
Cheese and other dairy products have been made at Cannington since the 1930s, and today it produces Yeo Valley Organic’s big-pot yogurts, as well as those for a number of retailer brands, plus the innovative ‘Yeos’ organic children’s yogurt tubes.
Despite its 24-hour production cycle - which was necessary to meet demand - Yeo Valley boasted that its small-batch production methods ensured its yoghurts were ‘untarnished by modern processing aid ingredients - they simply are not necessary’.
The firm is part of a family-owned farming and dairy business founded by husband and wife Roger and Mary Mead, who started making yoghurts with milk from their dairy herd in 1974.
Organic yoghurt production started in 1993 after an approach by local farmers who were producing organic milk but could not find a regular demand for it.
Last year, the firm welcomed the Queen to its North Somerset headquarters after the firm was awarded the Queen’s Award for Enterprise for its contributions to sustainable development, including the long-term, fair-trading support it had given to organic dairy farmers.
In October of this year, Yeo Valley closed its luxury organic ice cream and frozen yogurt dairy near Bovey Tracey, Devon, and transferred the 50 staff to Newton Abbot because it said demand was so great that it needed larger production facilities.

  • Our photograph shows Yeo Valley’s Cannington factory. Photo submitted.