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Corporate


"No deal" for Dreams as yet

The Public Relations (PR) company representing embattled beds retailer Dreams has underlined that the company is “not in administration” at present. Read full story


Harrisons confirms director appointment

Harrisons Business Recovery has strengthened its workforce in the Thames Valley region with a new appointment. Read full story


Axminster Carpets poised to enter administration

Axminster Carpets Limited is set to enter administration with Duff & Phelps set to be appointed to handle the process. Read full story


Adidas' PR agency bites the dust

A London-based fashion and sports public relations agency which boasts clients such as Adidas Eyewear, Barbour, Catherine Deane and Burlington has been liquidated. Read full story


Deloitte to liquidate Canadian insurance division

A European subsidiary of Canadian insurance giant Manulife is to be wound up by Deloitte, the company has confirmed. Read full story


Southend United face winding up notice

Southend United Football Club is once again facing a winding up petition for unpaid taxes to HM Revenue & Customs (HMRC). Read full story


Grant Thornton finds buyer for Seymour Pierce assets

Corporate broking and financial advisory group WH Ireland has confirmed the acquisition of the assets from private wealth management group Seymour Pierce Ltd. Read full story


TUC urges election living standards focus

Reversing the deterioration in British living standards will be key to any one political party winning the next general election, the TUC has said. Read full story


HL Legal Solicitors announces Incasso acquisition

A midlands-based law firm has acquired the debt recovery specialist Incasso, Credit Today can reveal. Read full story


KPMG agrees Cobbetts pre-pack

Law firm DWF has acquired solicitor company Cobbetts as part of a pre-pack deal following the appointment of KPMG as administrators. Read full story


66 HMV stores to close, warns Deloitte

Administrators for HMV Group have confirmed they are closing 66 of the group’s stores today, affecting some 930 staff. Read full story


Turnaround gathers pace at Thomas Cook

Embattled travel group Thomas Cook released encouraging Q4 results today, suggesting the turnaround plan drawn up by chief executive Harriet Green could be paying off. Read full story


RBS fined £87.5m for LIBOR failures

The Royal Bank of Scotland (RBS) has been fined £87.5m for misconduct over London Interbank Offered Rate (LIBOR), after the regulator discovered malpractice by staff across the globe. Read full story


Cattles sues former auditor

Ailing lender Cattles is suing its former accountants PricewaterhouseCoopers (PwC) for alleged negligence in the way it audited the company’s 2006 and 2007 financial statements. Read full story


Thomas Cook Airlines (UK) confirms merger

Thomas Cook Airlines (TCA) UK is to merge with its sister airline brands in Germany and Belgium from March 2013. Read full story


Deloitte submits PPF papers for HMV

Deloitte has informed the Pensions Regulator that it has submitted section 120 (s120) papers to the Pension Protection Fund (PPF) on behalf of HMV. Read full story


DWF plans to rescue Cobbetts

Law firm DWF is set to rescue the struggling solicitor company Cobbetts in a pre-pack due to be managed by KPMG. Read full story


KPMG lined up for Cobbetts administration

Insolvency practitioners at KPMG have been lined up as the potential administrators of law firm Cobbetts, the owner of Leeds-based debt recovery specialist Incasso. Read full story


3i responds to investor activity

Private equity, debt management and turnaround investment group 3i has reassured investors after two companies acquiring its shares led to a fluctuating share price throughout January. Read full story


16% of SMEs at risk of going under

Sixteen per cent of British small and medium-sized businesses (SMEs) surveyed consider themselves at high risk of going out of business within the next year due to financial pressures. Read full story