Shearings

Coach company Shearings collapses into administration

Specialist Leisure Group, owner of coach company Shearings, has collapsed into administration, putting around 2,400 jobs at risk.

More than 64,000 bookings have been cancelled as a result.

Travel trade association Abta said the coronavirus pandemic is the main reason for its failure as it battled with thousands of refunds and a stop to new bookings.

EY, the company’s administrator had tried to find a buyer to maintain the travel group as a going concern but it had not been possible.

The Wigan-based company, which also owned National Holidays, Wallace Arnold Travel and Bay Hotels, was founded in 1919 but

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