Stampede for parcels expected as collapsed delivery firm City Link opens doors

Insolvent delivery firm City Link is expecting a rush of frustrated customers at its depots today.

The company has said parcels should be picked up or may otherwise be destroyed.

News of the delivery company’s collapse broke on Christmas Eve, with as many as 2,000 staff facing redundancy in the coming days.

The administrators for the stricken firm, EY, warned that hundreds of thousands of parcels being processed by City Link should be claimed as soon as possible. The firm has also not ruled out the possibility that some parcels may be destroyed if customers do not claim them, the Telegraph reports.

City Link was founded in 1969, and bought by Jon Moulton’s private equity firm Better Capital in 2013.

Speaking to the BBC Today programme this morning, Moulton said that the disastrous timing of the collapse could not have been avoided.

He said: “We chased every possible way to save this company,” adding that breaking the news later was not an option as trading while insolvent is a criminal offence.

On Friday EY released a statement saying “substantial redundancies” are expected “over the coming days”.

It said that City Link’s 53 UK parcel depots would “remain open for a short period of time” to enable customers to collect parcels.

News of the inevitable redundancies was only broken to staff on Christmas Eve after rumours about the state of the firm began to circulate.

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