Redundancies And Closures At Finelist

There are reports of redundancies and closures at car parts group Finelist, which went into administrative receivership. Rumours that 120 staff had been made redundant and that 50 Motor World car accessory shops had been closed down, were not confirmed by receivers. It is believed that over 100 companies have expressed an interest in buying parts of Finelist, with ten or so willing to buy the group as a whole.