Corporate


Peacocks rescued from administration after sale

Low-cost fashion retailer Peacocks has been bought out of administration by Edinburgh Woollen Mill, safeguarding 6000 jobs. _Read full story


Rangers FC IP's "widespread concern" over club takeover

The administrators of Rangers FC have admitted there is “widespread concern” about the arrangement used by the club’s chairman to buy the club. _Read full story


Levis clothes supplier saved after pre-pack

EXCLUSIVE: A clothes distributor which produced global brands such as Levis, Ben Sherman and Ecko has been rescued out of administration. _Read full story


Historic film studios collapse into administration

The historic film studios used for hits War Horse and The Iron Lady have fallen into administration. _Read full story


Sales decline continues at JJB

JJB Sports has published a 5.7 per cent decline in like-for-like sales for the five weeks ending 29 January 2012 on the same period in 2011, despite a much improved cash margin. _Read full story


Bristol City IP ensures Hooters bounces back

Hooters – the notorious entertainment bar – will remain open in Cardiff despite the venue’s previous proprietor entering administration. _Read full story


JD Sports continues acquisition spree with urban retailer

EXCLUSIVE: JD Sports has made its latest acquisition since Blacks Leisure with the addition of urban outfitter Fly 53. _Read full story


Debt-laden London college pleads for more time

An East London college has been given three weeks to settle its debts with the taxman after arguing students’ careers were “at risk”._Read full story


Portsmouth FC see off winding-up petition

Embattled Portsmouth FC have seen off their latest winding-up petition after going into administration. _Read full story


Hair salon thrown 42-day lifeline

A hair salon and beautician has been handed a 42-day lifeline to deal with its £50,000 debt. _Read full story


UHY Hacker Young lose bid for Portsmouth FC administration

PKF will now be the administrator of Portsmouth Football Club and not UHY Hacker Young after a court case brought by HMRC. _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


Darlington FC gets green light for share issue

A “period of exclusivity” has been handed to Darlington FC fans trying to raise enough funds to buy their club. _Read full story


175 jobs lost with building firm collapse

Almost 200 jobs have been lost after a Glasgow construction company collapsed into liquidation. _Read full story


More woe for construction sector

Up to 100 jobs hang in the balance after a Gloucestershire-based firm succumbed to falling orders and fell into administration. _Read full story


Clothing chain's future secured after sale

A ladies fashion chain with seven stores across the south west has been sold on entering administration._Read full story


Coryton refinery handed three-month supply lifeline

“Vital stability” has been secured for the Coryton refinery after its administrators confirmed a deal has been struck to supply crude oil for three months. _Read full story


Thorntons' profits plummet below £1m

Struggling chocolate retailer Thorntons has recorded half-year profits of little more than £500,000. _Read full story


BBC broadcast debating forum enters administration

EXCLUSIVE: A global debating forum whose prominent speakers have included Tony Blair, Richard Dawkins and Stephen Fry has gone into administration. _Read full story


Pompey signals administration intention

Stricken Portsmouth FC have confirmed they have applied to the High Court to enter administration for the second time in two years. _Read full story