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Family-owned Crieff Hydro Group has announced that 241 members of staff will be made redundant at the start of August. The firm which owns seven rural hotels is planning to cut over a quarter of its staff across the group's hotel portfolio.

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Dundee-based restructuring and insolvency specialists Dunedin Advisory believes that using existing legislation with the use of a Company Voluntary Arrangement (CVA) and the provisions within the new restructuring bill currently being considered by parliament may be more readily used

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