Overview

• Administrators issued redundancy notices to 125 Prax Lindsey employees effective 31 October, with 255 staff retained at the site.
• The Insolvency Service says the refinery remains safe, the Redundancy Payments Service will support affected workers, and bids are being assessed on an equal footing.
• Unite says at least two bidders want to run the refinery as a going concern and warns a preferred bidder may seek to mothball the site for storage, which it argues would cost jobs.
• Energy minister Michael Shanks says most of the workforce will stay beyond October and points to a government-funded training guarantee for affected staff.
• A High Court has frozen £150m of assets linked to owner Winston Soosaipillai, and the Insolvency Service confirms its investigation into director conduct is ongoing.