Corporate


Jobs slashed as Yorkshire electronics supplier collapses

A Yorkshire-based electrical goods supplier with a turnover of £20m has collapsed into administration. _Read full story


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


Sony to slash 10,000 jobs across global workforce

Electronics giant Sony has today confirmed 10,000 jobs will be cut across its global workforce._Read full story


Mothercare to close 111 UK stores amid falling sales

Struggling maternity retailer Mothercare has confirmed it will close more than 100 stores over the next three years as UK sales suffer. _Read full story


Rangers bid process delayed by SPL insolvency review

The bid process for administration-hit Rangers has been delayed due to an imminent Scottish Premier League (SPL) review into insolvency. _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


Retailers boosted by March weather

Retailers were buoyed by the unusually warm March with like-for-like sales for the month increasing 1.3% compared to last year. _Read full story


Liquidation threat still looms large for Pompey

Portsmouth administrator Trevor Birch has admitted the club still faces the threat of liquidation. _Read full story


Wasps administration fears grow after takeover talks "stall"

Takeover talks for former European rugby champions London Wasps have “stalled” fuelling fears the club could slip into administration. _Read full story


Retail administrations for Q1 up 15% on 2011

Retail administrations during Q1 this year have risen by 15% compared to the same period last year, research by Deloitte has found. _Read full story


Award-winning DCA creates new group structure

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JJB lands £20m cash from Dick's

Embattled sports retailer JJB Sports has landed £30 million of additional funding having struck a deal with American retailer Dick’s Sporting Goods._Read full story


Four bids received for Rangers FC

Rangers FC administrators have confirmed four “positive and constructive” bids were submitted to take control of the club before yesterday’s deadline. _Read full story


Debenhams places 230 staff into consultation

Debenhams has confirmed it has put around 230 staff into consultation as it executes plans to outsource its customer contact centre to Capita Group._Read full story


Rangers bid deadline looms as frontrunner pulls out

The deadline for interested parties to formally submit their bids for Rangers is today. _Read full story


1000 jobs saved after London hospitality firm finds buyer

More than 1,000 jobs have been secured after a national hospitality firm was bought out of administration._Read full story


Sports Direct denies JJB Sports funding rumour

Sports Direct has denied it has held any discussions with JJB Sports about providing additional funding for the struggling high street chain. _Read full story


Rangers administrators to submit initial report and statement of proposals

Rangers FC’s administrators have confirmed they will submit an initial report and statement of proposals to creditors by April 5. _Read full story


20% of Football League clubs in "financial ill health"

One in five Football League clubs are showing signs of “financial ill health", a report by Begbies Traynor has found. _Read full story


Fashion retailer with 100 UK stores collapses

More than 400 jobs are at risk after high street and online fashion retailer Ellie Louise Trading fell into administration. _Read full story