P&O Ferries will not face criminal action over the way it fired nearly 800 employees earlier this year, the Insolvency Service has said.
The firm sacked staff without notice in March, replacing them with foreign agency workers who were paid less than the UK minimum wage.
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The spokesperson added that, after conducting a criminal investigation, which was reviewed by an independent senior prosecution lawyer, it was concluded that there was "no realistic prospect of a conviction".
A government spokesperson said: "In sacking 800 dedicated staff on the spot, P&O Ferries not only acted callously but failed to uphold the high standards we expect of British businesses.
"Given their appalling behaviour, it's very disappointing that the company will not face criminal proceedings."