Friday, 27 February 2009

Wedgwood Lost


US firm Private Equity firm KPS have taken over Wedgwood – many will now fear for their jobs and production is set to move overseas. What a shame that the local social and political preference for the Wedgwood family bid failed to secure their goal of saving Wedgwood for England, and keeping jobs in Staffordshire. Thomas D and Thomas R Wedgwood have worked tirelessly heading up a consortium to buy Wedgwood, they are to be congratulated for their efforts – I commiserate with them this evening.

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