Subscribe to trusted local news
In a time of both misinformation and too much information, quality journalism is more crucial than ever. By subscribing, you can help us get the story right.
- Subscription costs less than £1 a week with an annual plan.
Already a subscriber? Log in here.
29
Oct 2021
Major Harrogate employer CNG 'enters liquidation'
A member of staff at one of Harrogate's biggest companies has told the Stray Ferret that it has gone into liquidation today.
The CNG Group, which is based on Victoria Avenue and employs about 180 staff, is one of numerous companies affected by the spiralling increase in wholesale gas prices.
According to the source, staff were today informed they have lost their jobs.
The company supplies about 15 to 20 retail energy companies through its wholesale business arm and also has around 50,000 business customers.
The Stray Ferret understands that CNG has entered into the Supplier of Last Resort (SOLR) system and the administration and liquidation process.
Read more:
- Harrogate firm CNG to stop supplying energy companies
- Harrogate district covid rate stabilises after another 144 infections
The employee, who requested anonymity, told the Stray Ferret:
The Stray Ferret has approached the CNG Group for comment but had not received a reply by the time of publication.
0