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Football centre enters administration

A North East based football centre founded by ex-Newcastle United manager Kenny Dalglish, has entered administration. Read full story

43 jobs saved through sports retailer sale

A West Midlands retailer has been sold out of administration, preserving the jobs of 43 staff. Read full story

Monday Moves

A weekly round up of new hires and moves within the insolvency industry Read full story

National shop vacancy level drops

British shop vacancy rates have shown improvement at the end of 2013, dropping 4.8% from its peak to last December, according to new research. the Local Data Company (LDC). Read full story

Monthly European round up

Insolvency News presents a monthly round-up of pan-European insolvency and restructuring news for January 2014. Read full story

Corporate liquidations down 7%

The number of overall corporate liquidations in England and Wales dropped 7.4% during the fourth quarter of 2013, compared with the previous quarter. Read full story

Personal insolvency decrease to continue

The level of personal insolvency in the UK is expected to have decreased in Q4 2013, according to research released ahead of tomorrow’s official statistics from The Insolvency Service. Read full story

PRA snaps up IVA business

US debt buyer Portfolio Recovery Associates (PRA) has snapped up the Individual Voluntary Arrangement (IVA) business of Pamplona Capital Management. Read full story

Zombie cull progressing says R3

The level of UK ‘zombie’ firms is starting to drop in line with economic recovery, according to the latest research from insolvency trade body R3. Read full story

R3 criticises partial IP license proposals

Insolvency trade body R3 has slammed the government’s decision to include proposals for partial insolvency practitioner (IP) licenses in its Deregulation Bill.

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Monday Moves

A weekly round up of new hires and moves within the insolvency industry Read full story

Insolvency Today reader survey

Insolvency Today is currently investing in its data provision; new products are coming this year, and we are looking for you opinions on how to make them as concise, in-depth and useful as possible. Read full story

Director disqualified for breaching existing ban

For acting in breach of an existing seven year ban, Shaun Bright has been disqualified for 11 years. Read full story

Insolvency cost cuts announced by business minister

Business minister Jenny Willott has today (23 Januray) announced a series of measures designed to reduce the cost of insolvency procedures. Read full story

Monday Moves

A weekly round up of new hires and moves within the insolvency industry. Read full story

Seasonal boost for financially distressed businesses

Levels of ‘critical’ financial distress among UK businesses dropped 1% at the end of 2013 boosted by the Christmas period, according to the most recent Red Flag Alert issued by Begbies Traynor. Read full story

Equifax snaps up TDX Group

TDX Group has been sold to credit reference agency Equifax for £200m. Read full story

European turnaround specialists form new alliance

Two European turnaround boutiques have formed a new alliance to offer turnaround and restructuring services for cross-border European turnarounds. Read full story

Two more directors disqualified

The directors of two unrelated companies have been banned from acting as company directors for failing to maintain adequate accounting records. Read full story

Turnaround professionals call for transparency

In the wake of the Tomlinson Report, top European turnaround experts have put emphasis on the need for professional independence and transparency when dealing with distressed businesses. Read full story