Alden Press goes into administration

<p>Printer Alden Press has become another casualty of the credit crunch and has gone into voluntary administration, leaving more than 160 employees fearing for their jobs. The printing firm was founded over 175 years ago to publish anti-slavery literature and has offices in Witney, near Oxford and London.</p><p>KPMG has been appointed administrator. HenDi Group took over the company in June after being owned by the Alden family for 176 years. Operations director, Arthur Gachowski confirmed that<br />the workers had not yet received their pay for November. Gachowski also blamed the credit crunch for the situation and said that the company &quot;could not extend borrowings&quot;.<br /></p>