More
than 700 jobs at photography company Ilford are in danger after the company
entered administration.
Ilford
makes monochrome films and developing paper, but a drop in sales – a move
largely attributed to the rise of digital cameras – has seen administrators
appointed.
The
Guardian newspaper quoted Mark Byers, one of the partners from Grant Thornton
appointed as a joint administrator, as saying the next step would be to try to
restructure the company to make it viable for sale.
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Byers
told the paper it was "not inevitable" that this would involve job
losses, but admitted cuts were possible as costs would have to be taken out of
the business.
