Britain’s largest union, Unite vowed to do everything in its power to save jobs and support members at Polestar after the print group was placed into administration putting approximately 1,400 jobs at risk.
The Polestar group which is made up of Polestar UK Print Limited and Polestar Stones-Wheatons Limited has sites in Banbury, Bicester, Chantry, Exeter and Sheffield. Producing more than 50 million products a week for newspapers, magazines, retail and journal publications the group is the UK’s largest independent printing company.
Unite understands that the group was placed into administration after the firm’s largest customer didn’t renew its contract.
Commenting Unite national officer Ian Tonks said: “This is bitter news for our members. Over the coming days Unite will be doing everything in its power to support them and preserve their jobs.
“We firmly believe that Polestar has a future and can be successful. Its workforce is second to none and produces some of the best quality print in the UK.
“We have been in contact with the administrator PricewaterhouseCoopers and will be working closely with them throughout the process to ensure that the business is sold to a viable buyer.”
For further information please contact Unite head of media and campaigns Alex Flynn on 020 3371 2066 or 07967 665869.
Notes to editors:
Unite is Britain and Ireland’s largest trade union with over 1.4 million members working across all sectors of the economy. The general secretary is Len McCluskey.