Deal to Keep Raleigh in Nottinghamshire and Retain Jobs Nears Completion

  • 📰 nottslive
  • ⏱ Reading Time:
  • 26 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 52%

Business News

Raleigh,Nottinghamshire,Factory

A deal to keep Raleigh in Nottinghamshire and retain jobs by building it a new factory is edging towards completion. The brand is set to move into a new temporary premises by June, where it will stay until its new long-term facility is finished.

A deal to keep Raleigh in Nottinghamshire and retain jobs by building it a new factory is edging towards completion. The iconic bike manufacturer made dozens of staff redundant last year ahead of a move away from its "outdated and inflexible" base on Church Street, Eastwood to another location in the "Nottingham area". Now a deal which would result in a new factory being built near Eastwood is close to completion, Nottinghamshire Live understands.

Broxtowe Borough Council and Raleigh's parent company Accell Group have been in talks for the last few months to keep the firm in the county and protect jobs. The brand is set to move into a new temporary premises by June, where it will stay until its new long-term facility is finished. "We are optimistic that we can bring this to a conclusion and protect jobs in the area - which is exactly what our ambition in Broxtowe is to do," Councillor Milan Radulovic, leader of Broxtowe Borough Council, sai

Raleigh Nottinghamshire Factory Jobs Broxtowe Borough Council Accell Group

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Every Nottinghamshire council planning tax increaseMany Nottinghamshire councils are planning to increase tax by the maximum amount allowed
Source: nottslive - 🏆 96. / 52 Read more »

Full list of Nottinghamshire flood alerts in place after heavy rainfallFour alerts are in place across the county today (Sunday, February 18)
Source: nottslive - 🏆 96. / 52 Read more »

Nottinghamshire Live prevented from publishing details on attacks by policeWe were asked to sign a non-disclosure agreement before a briefing with the Chief Constable.
Source: nottslive - 🏆 96. / 52 Read more »

Crashmap data shows Nottinghamshire's most dangerous roadWe have identified several parts of the road where multiple incidents have occurred
Source: nottslive - 🏆 96. / 52 Read more »

Young man jailed for attempting to smuggle drugs into Nottinghamshire prisonA young man has been sentenced to nine months in prison for attempting to smuggle drugs into Lowdham Grange prison in Nottinghamshire. The 21-year-old was caught with a package containing tobacco, rolling papers, and drugs hidden in his trousers. The judge emphasized the serious consequences of drug smuggling in prisons.
Source: nottslive - 🏆 96. / 52 Read more »

Two Nottinghamshire NHS trust services drop to inadequate CQC ratingThe Care Quality Commission (CQC) has found improvements need to be made
Source: nottslive - 🏆 96. / 52 Read more »