Sir Anthony O’Reilly, the owner of Independent News & Media (IN&M), may have to sell the London-based Independent newspaper in order to pay back debt.If Sir Anthony cannot generate £1.1 billion from o... [more]

BSkyB Group Plc, satellite broadcasting giant, is in discussions with Tiscali, Italian internet broadband provider, over a deal worth £450m. BSkyB is interested in acquiring Tiscali's UK assets, which... [more]

There are fears that if the local authorities cannot pay larger fees or if the government does not help the sector find capital, the credit crunch may force the closure of care homes.Large care provid... [more]

Griffin Group Plc, financial services and investment banking firm is going to buy Alexander David Holdings Ltd, broker and adviser, whilst selling off its division, Griffin Group Holdings, at the same... [more]

Begbies Traynor has sold five of Laser Broadcasting's nine local radio stations after the company was put into administration recently. Property developer John Roberts, who is also the owner of Exete... [more]

Reed Elsevier has reduced the asking price of its Business Information division from £1.25bn to £1bn in order to ensure the completion of its sale.Reed is also offering a large vendor loan to finance ... [more]

Two of Britain's largest banks, Abbey and HSBC, are preparing to sell off their train-leasing divisions in an effort to raise capital.Abbey, owned by Spanish company Santander, is about to dispose of ... [more]

Flintshire-based construction company David McLean Holdings Ltd has fallen into administration due to the property downturn. There is also speculation that the business was loss-making.The administrat... [more]

Concrete manufacturer Bison has gone into administration leaving up to 100 jobs at risk in Leeds. Options for the Leeds site are being looked at by the receivers.On the day that PricewaterhouseCoopers... [more]

Hill Station, ice cream manufacturer has been bought out of administration by Loseley Dairy Ice Cream. 60 jobs have been saved.... [more]

Coolabi is to acquire Licensing by Design, the children's characters merchandising company, for £0.4m.... [more]

Vp is to acquire Power Tool Supplies, the Brighton-based tool hire company, for £1.1m, in order to expand its Hill Station subsidiary.... [more]

Wrekin Construction has acquired Toft Johnson, the Staffordshire-based construction company with 35 staff.... [more]

Electricity 4 Business (E4B), Milton Keynes-based electricity supplier to about 40,000 small businesses, has gone into administration.PricewaterhouseCoopers, the administrators for the company, have b... [more]

Centrica has acquired Semplice Energy, the Reading-based low carbon solutions firm with 21 staff, for £1.5m, in order to expand its British Gas New Energy division.... [more]

Abbey Protection is to acquire Accountax, the Milton Keynes-based accountancy, tax and employment law consultancy with 40 staff, for an initial £4.4m.... [more]

Ellis Fairbank, the Leeds-based recruitment firm with 110 staff, has been sold out of administration to IHR Group.... [more]

Laing O'Rourke has acquired most of the pre-cast concrete operations of Bison out of administration, including factories in Derbyshire and Glasgow.... [more]

Property investment company, Carpathian, has hired Hawkpoint Partners and Collins Stewart Europe.Hawkpoint Partners Limited are to undertake a strategic review of the company while Collins Stewart Eur... [more]

Northern Petroleum has sold the Waalwijk underground gas storage project in the Netherlands to Star Energy Group for an initial £7m.... [more]