Rok cuts another 235 jobs but saves 300 elsewhere

Builders (file photo)
Image caption The collapse of the building firm Rok has caused almost 3,000 job losses

A further 235 job losses have been announced by the administrators of the collapsed building firm, Rok.

The redundancies are at its construction operations in Reading, Crawley, Bristol and Exeter as well as its social housing activities in Leeds.

But elsewhere 381 jobs have been secured after the administrators, PwC, managed to sell part of Rok's business.

The Exeter-based company went into administration last Monday and has lost almost 3,000 jobs so far.

PwC said it had reached an agreement in principle to sell parts of the construction and social house building division of Rok to Mansell Construction Services, which is a subsidiary of Balfour Beatty.

The businesses to be sold include the construction operations in Milton Keynes, Gatwick and Heathrow as well as the social house building businesses based in the south-west and north-west of England.

Almost 400 jobs will be saved in those areas.

The remaining construction operations in Reading, Crawley, Bristol and Exeter as well as the social house building activities in Leeds are being closed.

Jeremy Webb, director and joint administrator, PwC said: "We are delighted that we have been able to secure a sale of part of the business hence preserving employment for 381 people. This is tinged with disappointment that there was not sufficient interest in the other parts and hence the redundancies that have been made today."

Rok plc and Rok Building Limited, based in Exeter, Devon, were put into administration earlier this month.

Earlier in the year, the loss-making firm said it had uncovered "serious failings" in financial and operational controls.

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