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.
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.
