
Window maker Safestyle has collapsed into administration, putting almost 700 staff out of work, after it revealed last week it had failed to secure emergency funding.
The Bradford-based PVCu replacement window and door maker appointed Rick Harrison and Will Wright from Interpath as administrators, to recover any remaining value in the business for creditors. The company has been hit by a higher interest rate environment, which has made it harder for homeowners to complete major refurbishments.