A gas company has taken the decision to close its Hinckley headquarters and relocate to Ansty Park in Coventry.
The relocation of Cadent Gas will mean that 1,000 jobs will be lost from the Leicestershire town after staff were given the choice of either working from home or moving to Ansty Park.
Cadent has launched a staff consultation on proposals to relocate. The firm says there will be no job cuts but the relocation could still affect the local economy.
Hinckley & Bosworth Borough Council leader Stuart Bray said: “We are disappointed to hear Cadent intend to relocate its base from Hinckley to Ansty which is a real blow to the town.
“I can confirm the council stand ready to engage with its partners and with the company to offer help and support to any Cadent employees directly impacted from these changes and to minimise disruption to local workers.
“We will also continue discussions with Cadent around the future of this large town centre site and seek reassurance of job retention going forward.”
Bill Cullen, Hinckley & Bosworth Borough Council’s chief executive added: “Cadent have been a valued partner on the local Employment and Skills Partnership and on the local Employability and Internship programme and we hope this will continue.
“However, due to the fact that they are moving to a hybrid model of home and office working we expect many Cadent employees will remain in this area.
“We will work closely with our partners to offer support to affected employees.”