Printing firm Bemrose Booth, today announced that it has entered administration. The news comes after the company lost a £25m ticket contract with National Rail in February.
Bemrose Booth blames its situation on increasing competition from developing nations, which are offering cheaper production costs.
The specialist company has been a key supplier of car parking tickets, rail and event tickets, as well as business stationary such as printed envelopes.
The company's closure will result in over 300 people across the UK, losing their jobs.
Source: BBC
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