THE receiver at Prestige says there will be no announcement this week on the firm's future.

Sue Watson is still trying to seal a deal with one of the 200-plus firms which have shown interest in taking over the housewares manufacturer.

Rumours that an announcement was due around now did not come from her, she said.

"I am hopeful that there will be an announcement this month," said Mrs Watson. "But I do not know when we will find a buyer. It is like putting your house on the market."

Prestige still employs 120 people at its Colne Road factory, but any new owner is thought unlikely to continue production at the site.

Mrs Watson said it could be a matter of days, weeks or even months before a contract was signed.

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