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Corporate


It’s beginning to look a lot like a close down

In the ongoing demise of the Blockbuster chain, administrators have announced another 62 stores are set to close resulting in the loss of 427 jobs. Read full story


London nursery rescue plan leads to sale

A Tooting-based charity-run nursery has been sold as part of a rescue plan to avoid entering administration. Read full story


Rail catering firm enters liquidation

A total of 11 employees have been made redundant after a Hastings-based catering company entered liquidation. Read full story


140 jobs at risk as 181 year old retailer enters administration

Osborne Stationers Limited, one of Birmingham’s oldest retailers, has entered administration, putting 140 jobs at risk. Read full story


Time running out for uninsured law firms

A total of 141 law firms are set to shut down if they cannot secure professional indemnity insurance, according to the Solicitors Regulatory Authority (SRA). Read full story


Former Deloitte partner Brittain joins Wilkins Kennedy

Chartered accountancy and business advisory firm Wilkins Kennedy LLP has appointed Louise Brittain as a new partner. Read full story


Director trio banned for quarter of a century

A trio of directors from three connected claims management companies have been disqualified from acting as directors for a combined total of 25 years. Read full story


KPMG sells hotel chain out of administration

The business and assets of a national hotel chain has been sold out of administration, securing the ongoing employment of 1,130 staff. Read full story


54 jobs lost at insolvent training provider

A Hastings-based provider of plumbing and electrical courses has entered administration, resulting in 54 redundancies. Read full story


Hearts CVA agreed by creditors

Creditors and members (shareholders) of embattled Scottish football club Heart of Midlothian have approved CVA proposals put forward by the administrators. Read full story


Brazilian land scheme firm wound-up by High Court

Green Planet Investment Limited, a company based in the UK and Gibraltar, has been ordered into liquidation by the High Court for carrying out a bogus property investment scheme. Read full story


Further Blockbuster store closures announced

In the latest round of store closures, administrators to Blockbuster have today announced a further 30 stores UK have closed, resulting in the loss of 182 jobs. Read full story


Winterhill Largo expands northern operation with new director

Winterhill Largo, a Manchester-based asset valuation, recovery and outsourcing provider, has appointed Johnny Abraham as director of business development, North Read full story


Report claims businesses being “sunk” by RBS

A government adviser has published a damning report on the Royal Bank of Scotland’s (RBS) treatment of “viable” UK businesses. Read full story


North East leisure chain enters administration

Over 50 staff have been made redundant after a North East bar and hotel chain entered administration. Read full story


London Broncos confirm administration intent

Embattled Rugby League club London Broncos have today (21 November) confirmed it will seek to appointment administrators in order to resolve the club’s future. Read full story


Restructuring plan sees Mothercare return to profit

Maternity retailer Mothercare plc has seen its first return to underlying profit since 2011, as the firm also warns consumer spending is likely to “remain subdued”. Read full story


Timber merchant sold out of administration

A South West timber merchant has been sold out of administration, preserving the future of 60 jobs. Read full story


53 redundant as leisure firm enters administration

53 employees have been made redundant after a Wrexham-based entertainment and leisure firm entered administration. Read full story


Condiments manufacturer saved via pre-pack

Dovedale Foods Limited, a manufacturer of condiments and seasonings, was sold out of administration in a pre-pack deal to Ethical Blends Limited, incurring no jobs losses. Read full story