Two years on and still no payout

PUBLISHED: 13:34 29 January 2008 | UPDATED: 22:19 26 October 2009

Kevin Alderman and Simon Bannister

Kevin Alderman and Simon Bannister

AN ANGRY pair of businessmen are still waiting for well over £100,000 in compensation after their office was obliterated in a blast. Hatfield resident Kevin Alderman and colleague Simon Bannister were devastated when the explosion from the Buncefield oil

Kevin Alderman and Simon Bannister: Owed over £100,000 after their previous base, was destroyed

AN ANGRY pair of businessmen are still waiting for well over £100,000 in compensation after their office was obliterated in a blast.

Hatfield resident Kevin Alderman and colleague Simon Bannister were devastated when the explosion from the Buncefield oil depot explosion destroyed their promotions company office in Hemel Hempstead two years ago.

Having been promised compensation from insurance assessors Crawford and Co they invested around £50,000 of their own money and moved to new premises in Symondshyde Farm near Hatfield.

However, two years on the pair, who own Print Press Promotions, are still awaiting any compensation and are unsure about how much longer they can go on.

Mr Bannister, 38 who also used to live in Hatfield and had "shed tears" over the situation, said enough was enough.

"It's soul destroying as we were promised the money," he said.

"My wife is pregnant and I need to pay my mortgage.

"This business was going fantastically well until the blast and now, without this money we are owed, we cannot progress.

"We are a small business and they do not seem concerned about giving us the money they owe us.

"It's crazy."

Like his partner, dad-of-three Mr Alderman, of Bramble Road, has invested some of his own savings into the business.

The 50-year-old said: "We have staff we need to pay and I do not know how much longer we can keep funding it."

A spokesman for Crawford and Co said the matter was in the hands of legal experts and "the issue is very much with them".

Welwyn Hatfield MP Grant Shapps is keen to help the pair.

He said: "I am in close contact with the MP for Hemel Hempstead [Mike Penning] and I want to help settle the problem.

"If I can help by bringing it up in parliament I will do.

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