BUSINESS

Hundreds of jobs axed in wake of Rok failure

Further repercussions from the collapse of a major social housing firm were felt this week, as hundreds more jobs were axed, while councils were warned to consider the provision of asset-management services.

Further repercussions from the collapse of a major social housing firm were felt this week, as hundreds more jobs were axed, while councils were warned to consider the provision of asset-management services.

The firm's administrator, PricewaterhouseCoopers, confirmed negotiations regarding the sale of divisions of the building services firm, Rok, were ongoing.

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