Typhoo Tea 'set to appoint administrators' after Merseyside factory damage
- Typhoo Tea is preparing to appoint administrators as sales decline and debts increase, marking a significant turnaround in its 120-year history.
- The company's losses rose to £38m from £9.6m as of September 2023, reflecting a troubling financial situation.
- Trespassers caused considerable damage at Typhoo's Moreton factory, contributing to £24.1m in exceptional costs and affecting site sale efforts.
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Total News Sources0
Leaning Left4Leaning Right3Center3Last UpdatedBias Distribution40% Left
Bias Distribution
- 40% of the sources lean Left
40% Left
L 40%
C 30%
R 30%
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