Auto Windscreens collapses

Car window repair firm Auto Windscreens collapsed into administration yesterday after admitting it had run out of cash, putting 1,100 jobs at risk. Administrator Deloitte said it sent employees home yesterday while it holds urgent discussions with creditors over the future of the firm. Deloitte said a major customer had cancelled its contract with Auto Windscreens, while a large creditor had served the firm with a winding up petition. Lloyds Banking Group, the firm’s main lender, appointed Deloitte last week to try and find a buyer or fresh investment for the ailing firm.