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Corporate


Pleased as Punch with debt restructuring plan

After more than a year of talks with key stakeholders, pubs group Punch Taverns PLC has finalised its debt restructuring plan. Read full story


Jobs go as Kinky Knickers enters administration

The garment manufacturer responsible for the production of retail specialist Mary Portas’s Kinky Knickers underwear range has gone into administration, resulting in 33 job losses. Read full story


FCA launches independent review of RBS after Tomlinson report

The financial services regulator has appointed Promontory Financial Group and Mazars to conduct a review of the Royal Bank of Scotland’s (RBS) treatment of business customers in financial difficulty. Read full story


Hotel still accepting reservations while in administration

Instigated by a “slowdown in consumer spending,” country house hotel Dunsley Hall has entered administration. Read full story


Catering supplier sale secures 30 jobs

Wholesaler and catering supplier Sohal Foods Ltd has been sold out of administration, saving the jobs of 30 employees. Read full story


Mobile marketing group sold out of administration

Mobile marketing provider Velti UK has been sold out of administration, securing 98 jobs. Read full story


Sharp turn for guitar specialist

A Manchester-based guitar supplier has entered administration. Read full story


82 jobs saved at recycling plants

Three waste and recycling companies have been sold out of administration, securing the jobs of 82 staff. Read full story


The Robins confirm restructuring plan

Bristol City Football Club has confirmed it will undertake a financial restructuring plan as the club attempts to cut down the size of its debts. Read full story


New director hire for insolvency specialists Eddisons

Specialist insolvency firm Eddisons has appointed Darren Toms as its new client services director to its Insolvency Insurance Services division. Read full story


Automotive manufacturer insolvency sees 23 redundant

Car component manufacturer DMI (UK) Ltd has entered administration, resulting in the loss of 23 jobs. Read full story


Northern Irish construction group enters administration

An international construction group based in Antrim, Northern Ireland, has entered administration after a 2012 restructuring failed to improve the business’ fortunes. Read full story


Creditors lose out on £5.8m after printer insolvency

There is a bleak outlook for trade creditors, owed a collective £5.8m, looking to recoup losses from The Colourhouse Limited, according to an administrators report from Duff & Phelps. Read full story


I-Sleep franchises laid to rest by the court

Trading under the I-Sleep Ltd umbrella, five companies have been wound up in the public interest for selling low quality goods or failing to supply goods that had been paid for. Read full story


Insolvent nursing home fails to find buyer

A Plymouth nursing home that has been in receivership since November 2012 is facing closure after failing to secure a buyer. Read full story


Print group enters liquidation

A Yorkshire-based printing group has entered liquidation, resulting in the loss of 126 jobs. Read full story


100 redundant at insolvent engineering group

Nearly 100 staff have been made redundant after an Oldham-based civil engineering group entered administration. Read full story


Mothercare turnaround hits a wall

Maternity retailer Mothercare plc’s turnaround plan looks to be struggling after the company today (8 January) issued a profit warning as sales and shares slumped. Read full story


Crowe Clark Whitehill hires corporate recovery expert

Formerly a regional chairman of insolvency trade body R3, Martin has been recruited to manage the Midlands branch of Crowe Clark Whitehill Recovery Solutions. Read full story


Glass supplier sold in pre-pack deal

65 jobs have been saved following the sale of a Middlesex-based supplier of glass to the construction and industrial sectors. Read full story