An Island-based IT firm says it’s trading normally after its UK arm called in the administrators.
IT applications and reseller firm 2e2 entered administration on Monday, after the Berkshire-based operation couldn’t secure a deal over its £270m debts.
319 UK sales and admin staff have already been laid off from 10 UK subsidiaries, but the Manx-based company 2e2 Isle of Man says it’s business as usual.
Nobody from the company has been available for interview.