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Miners Vote For Managed Closure at Kellingley

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5:47pm 22nd April 2014

UK Coals Kellingley site will begin its 18 month managed closure after a ballot by miners yesterday voted in favour of the action. 575 workers voted yes for the assisted closure with only 82 saying no, making it almost 80% who backed the decision. The ballot was needed to prove to investors that the move was agreed to by the workers after an unofficial vote was heard a few weeks previously. A failure for the vote on a managed closure would have seen the company immediately closed with insolvency.

UK Coal's Communications Director Andrew Macintosh believes although the decision was a hard one, it is the best option for all. He said "this way redundancy money can be paid, customers get their coal, suppliers will get paid, so a much better option all round. And as well as that, should there be an investor out there who was willing to invest up to £100 million pounds, it gives them 18 months to do that". Despite the optimism Mr Macintosh concludes at buyer for the ailing site will be very difficult to find.

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