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18
Nov 2021
CNG employees in 'horrible situation' regarding redundancy payouts
Employees of the collapsed Harrogate energy firm CNG have described the uncertainty over redundancy pay as a "horrible situation" with Christmas just around the corner.
About 100 staff and chief executive Paul Stanley discussed the insolvency programme at an online meeting yesterday
Two different CNG employees, who asked to remain anonymous, told the Stray Ferret that staff had hoped to receive clarification about redundancy pay but were left disappointed.
They said staff had previously been told they would be paid redundancy by the company but that this was withdrawn. They were then told it would be paid by the government, but at yesterday's meeting, they were not given answers on when this will be and how much they will receive.
One employee said:
Another employee described the atmosphere of the meeting as "cold". They added:
Read more:
- In Depth: Why Harrogate success story CNG ended in collapse
- Ofgem appoints company to take on CNG customers
CNG ceased trading two weeks ago due to spiralling wholesale gas prices but administrators are yet to be appointed.
According to CNG's annual accounts from October 2020, the company had, at the time, £36.7m in cash reserves.
Questions were put to Mr Stanley at yesterday's meeting about what had happened to this money. One employee said Mr Stanley "swiftly avoided the question".
The Stray Ferret approached CNG for a response but we did not receive one at the time of publication.
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