The BBC web site has the story – see link above
Shares in model rail company Hornby tumbled by 62% after the firm warned of mounting losses following a “disappointing” start to the new year.
The group – whose brands also include Scalextric, Airfix and Corgi – said recent UK trading was far worse than expected.
It was the products of Maghull resident Frank Hornby that put the town on the map and of course Maghull has its own Frank Hornby Trust with display cases of his early products in Meadows Leisure Centre.
We can only hope for a better future for this world famous toy/model company.
With thanks to Keith Page & Roy Connell for the lead to this story
The photo is amongst my Flickr shots at:-