Ambitious Lupton Fawcett scoops up 32 ex-AMS staff
Shortly before Christmas 100-year old firm Ashton Morton Slack (AMS) became the latest victim of the current harsh trading environment by filing for administration. Graham Newton, BDO business restructuring partner who was appointed joint administrator alongside Dermot Power, attributed the firm’s demise to “a combination of a declining volume of business and increased overheads, which created a cashflow problem that […]