to main page send e-mail Last Updated:  Wednesday, January 17, 2018
                                           

The independent voice of the global moving industry

UK NEWS

Skills for Logistics to close

Mar 05, 2015
The Board of Skills for Logistics (SfL) in Milton Keynes announced on 6 January, 2015 that it has taken the decision to close the business and is considering placing the company into administration in order to facilitate this closure.

This has happened due to pressure placed on the business by the trustees of the pension scheme, which SfL joined following its initial set-up in 2003. Like many similar organisations, the significant pension deficit and subsequent on-going recovery payments has placed extreme pressure on a smaller SfL business in a rapidly changing economic environment. 

Skills for Logistics has worked hard to exist and be effective over the last 2-3 years in the ‘new world’ of substantially reduced public funding for skills initiatives, and now being required to become 100% funded through employer projects, has struggled to both replace revenue streams and continue to fund pension recovery payments. 

The organisation and its business plan have remained reasonably strong, however given the reduced activity level in 2015 and obligations to the pension scheme (particularly in light a new approach by its trustees), the Board felt it would be better to seek alternative options for the continuing industry skills projects. The board is therefore appointing an administrator and starting to work with stakeholders to find a natural home for any on-going projects.

       Doree Bonner are hiring - join the purr-fect movers!

     List of advertisers
     Directory of suppliers
     Sign up to our monthly newsletter
     Unique page views in October: 6,662

           
  Maxi Mover - low floor Luton van sales
Cookies: This site uses non-invasive cookies to provide an enhanced visitor experience and to measure site performance.  By viewing this website you are agreeing to our use of cookies in this manner.  For further information on how cookies are used on this site, please see our privacy policy.
Privacy Policy  |  Terms of Use  All material © 2011 The Words Workshop Ltd.