Corporate > Turnaround

JD Sports takes financial hit from Blacks

JD Sports has taken a £2.2m hit to its profits following the purchase of the struggling retailer Blacks Leisure._Read full story


Irisa Group instructs Capa to execute property audit

London and Glasgow based audit and property adviser Capa has been instructed by Irisa Group to carry out a property audit on its portfolio, and to undertake lease and rent reduction negotiations with landlords._Read full story


Tough trading dogs Scottish economy in Q1

Over a third of Scottish businesses experienced a decrease in their turnover in the three months ending February 2012, according to research released today._Read full story


BUDGET 2012: FULL COVERAGE HERE

Follow our live coverage of all aspects of the 2012 Budget with reaction and commentary online at Insolvency News._Read full story


Debenhams stuns analysts with rise in sales

Debenhams surprised the market with a 2.4% increase in like-for-like sales for its first half trading period ending 3 March 2012, against the same period last year._Read full story


Mothercare puts 158 staff into redundancy consultation

Embattled maternity merchant Mothercare has notified around 160 staff at its head office and overseas offices that they may lose their jobs in a new strategic review of central functions._Read full story


Trading firm's financial irregularities and share suspension

Worldspreads has confirmed its shares were suspended because of financial irregularities within its accounts._Read full story


Hours left for Glasgow Rangers bids

Administrators at Duff & Phelps have given potential buyers of Glasgow Rangers until the end of today in order to submit their official bids. _Read full story


Miller Group declares profitability across four divisions

Building and construction concern Miller Group has confirmed a return to profitability in all of its four divisions in its full year results for the period ending 31 December 2011._Read full story


BRC: Retailers pursuing doomed strategy

Retailers’ insistence on discounting in order to drive sales will not work over the longer term, according to the British Retail Consortium’s (BRC) pre-budget submission filed today._Read full story


Nursing home operator granted 10 weeks

A nursing home operator with debts of up to £450,000 has been handed a lifeline to settle its bill with the taxman. _Read full story


Accountancy firm earns 6 week stay of execution

An accountancy practice has been granted until 26 March to bring its affairs up to date with HM Revenue & Customs (HMRC) or face being wound up._Read full story