STAFF at a long-established Peebles textile mill were given the devastating news on Monday afternoon that the business will close by the end of this year with the loss of all 87 jobs.

A press release confirming the demise of clothweaving firm Robert Noble, which was established in 1669 and is based at March Street Mills, was due to be issued today (Tuesday).

But Ian Laird, managing director of parent company Moorbrook Textiles of Ayr, has revealed that attempts to find a buyer for the business and the site over the past month have failed.

“Despite some good interest being shown initially, we have received no credible offers for continued operation of the business on a going-concern basis,” said Mr Laird who had announced a 30-day consultation period over possible closure at the end of May.

At that time sustained losses were blamed on the seasonal and volatile nature of the textile sector along with changes in global demand for products manufactured at the site, ranging from traditional regimental kilts to modern upholstery fabrics for aircraft.

“We will cease manufacturing at the site by the end of this year with the loss of all jobs,” said Mr Laird. “We are disappointed that we haven’t managed to secure a better outcome.” Reacting to the news, Tweeddale West councillor Keith Cockburn told the Border Telegraph: “I am saddened and  disappointed that this historic and well kent local employer will cease manufacturing in Peebles.

“This will come as a big blow to the workforce and their families, as well as the overall economy of the town.

“We are all aware that it will be difficult to find full employment locally for such a large number of skilled workers.

“I know that the elected representatives for this area, as well as the relevant government and local authority officials, will be doing what they can to help the employees and their families through what will be a worrying time for them.”