Examinership process saves more than 400 jobs in first three months

The examinership process has saved more than 400 jobs in the first three months of the year, according to a report.

The Hughes Blake SME Examinership Index found that 191 jobs were saved across a number of small and medium firms while the examinership process at the construction giant SIAC resulted in 219 employees keeping their jobs.

Neil Hughes, a managing partner at Hughes Blake, said there is still a problem with legacy debts being worked through the system before firms can benefit from the recovery.