Published 9 days ago • loading... • Updated 9 days ago
Bus operator ceases trading with majority of staff made redundant
The operator cited rising fuel, insurance and maintenance costs as it moved to administration, while alternative firms have already taken over some routes.
Bus operator CT4N has ceased trading, with the majority of its 76 staff made redundant. In a statement CT4N said that it has faced increasingly challenging trading conditions, with rising fuel, insurance, maintenance and employment costs, combined with regulatory pressures affecting its operations, placing significant strain on the company’s financial and operational viability. Having worked […]