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Car park firm NCP collapse with 700 jobs at risk
NCP’s administration risks 682 jobs and potential closure of some of its 340 UK car parks due to ongoing trading losses and post-Covid demand drop, PwC administrators said.
- National Car Parks , one of the biggest car park operators in the UK running 340 car parks, has gone into administration, putting 682 jobs at risk.
- NCP filed a Notice of Intention to Appoint Administrators, allowing it a 10-day legal 'protective bubble' where creditors cannot take action.
- PwC said it will 'review the business' with a priority 'to ensure continuity of service' as NCP has faced 'a challenging trading environment' with 'changing consumer behaviours' and 'a high fixed cost-base leading to trading losses.
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37 Articles
·London, United Kingdom
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Malvern GazetteReposted by 
Worcester News
Worcester NewsCar park operator which manages city multi-storey goes into administration
Car park operator NCP has fallen into administration, putting 682 jobs at risk, after struggling to fill spaces since Covid-19 and grappling with losses.
·Great Malvern, United Kingdom
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Coverage Details
Total News Sources37
Leaning Left7Leaning Right6Center19Last UpdatedBias Distribution59% Center
Bias Distribution
- 59% of the sources are Center
59% Center
L 22%
C 59%
R 19%
Factuality
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