Ilford Imaging is dead, long live Ilford Photo! A management buyout has saved the rump of the company, but with a job reduction of 50% to 380. The new unit will continue to produce film (hurray) and develop paper/inkjet products in conjunction with the Swiss facility.

For further info, see:http://www.guardian.co.uk/business/story/0,3604,1419677,00.html