News

Two law firms are in discussions about a merger, which would create the second biggest law firm in the Midlands. [more]

B3 Industries Ltd has entered administration, with Colin Haig, Paul Flint and Allan Graham from KPMG appointed to oversee the restructuring of the group. The firm was the parent company of the Manchester-based B3 Cables site, Tri-W [more]

FirstGroup has decided to sell off another chunk of its underperforming UK bus operations due to the effects of public spending cuts and increasing fuel costs. [more]

Leeds-based Airedale Electrical has gone into administration, it has been confirmed. The business, which is part of the unaffected Airedale Mechanical and Engineering, had a &po [more]

About half of the Royal Mail's London sorting office is due to be sold off in order to generate fu [more]

Ascot Environmental is to be closed down after filing a notice to enter administration. The move will leave 56 staff at the environmental engineering firm with unpaid wages. [more]

Administrators Zolfo Cooper have announced that they are to sell off one of the divisions of the UBC Group after the business ceased trading earlier this month. [more]

The owners of luxury country house hotel Bovey Castle, situated in Dartmoor National Park in Devon, have hoisted up a for sale sign with a price tag of £17.5 mil [more]

Administrators are looking for a buyer for Richard C Hartley, an independent motor accessory and parts supplier in the North and Midlands. [more]

The owner of the Quaglino’s restaurant D&D has placed 30 of its restaurants on the market to generate cash for expansion in [more]

AEG, the American entertainment giant, has been granted preferred bidder status for HMV Live, it has been revealed. [more]

Leisure Pass Group has been purchased by its CEO Darran Evans in a management buy-out deal, backed by Primary Capital. [more]

Lola Cars is set to enter administration after announcing its intention to appoint administrators, due to the economic downturn. [more]

It has been suggested that Cardiff Airport could be for sale before long if it fails to organise its affairs and set itself up for a more profitable future. [more]

Three London buildings have been sold by property firm Great Portland Estates as part of the firm's move to recycle capital into its major schemes in the cap [more]

Casino firm London Clubs International (LCI) has been put up for sale with a price tag of up to £160 mil [more]

The Warehouse Theatre in Croydon has been placed in administration as it has struggled to cope with government cuts to arts funding. Arts Council England refused the 35-year-old theatre funding last year and Cr [more]

The takeover of Rouse Readimix by Breedon Aggregates in 2011 has given a new lease of life to the ready-mixed concrete business. [more]

Thomas Cook has issued a warning to its shareholders that if its planned disposals are not approved it may risk administration. [more]

Furniture retailer Clement Joscelyne has been placed into administration, with administrators appointed to sell the business as a going concern. After experiencing a drop in trading over recent months the directors called in FRP Advisory [more]