Vehicle manufacturer Tanfield is falling again, following talk it is planning redundancies at its engineering plant in County Durham.
The numbers are comparatively small - 30 out of the 130 workers employed at this particular plant, apparently - but the news just adds to recent uncertainty surrounding the company. At the weekend there were reports that Tanfield was seeking to appoint a major broker and a heavyweight non-executive director to help boost its relations with the City.
The fact that none of this - even the job losses - has yet been officially announced has done nothing for its reputation for poor communications.
"If they think a new broker will change sentiment they've got another thing coming," said one analyst. "People have lost patience and they are worried about the future."
Tanfield's shares are now 4p lower at 64p, a near 6% decline, although to be fair the whole engineering sector is under pressure at the moment.
