Oxfordshire horsebox firm goes into administration

More than 20 people have been made redundant at a company in Didcot which makes luxury horse boxes.

Olympic Coachbuilders went into administration 19 years after forming.

Sue Staunton, of James Cowper administrators, said potential buyers were being lined up and it was hoped manufacturing could recommence soon.

She added: "The recession has hit the company hard yet it remains an attractive business with a prestigious reputation."