'Boris bus' maker Wrightbus goes into administration

Collapse puts about 1,200 jobs at risk and is second major UK insolvency this weekThe maker of the revived Routemaster bus and one of Northern Ireland’s biggest employers has collapsed into administration – leading immediately to 1,200 redundancies.The failure of Wrightbus, which comes after a breakdown in 11th-hour rescue talks, represents the UK’s second significant insolvency of the week, following the demise of the holiday group Thomas Cook. Continue reading...