News - written by Caroline Clayfield

The tallest occupied building in the City of London, Tower 42, is being sold by its owners Hermes Real Estate and BlackRock’s UK property f [more]

Liverpool Football Club's American owners Tom Hicks and George Gillett have brought in Barclays Capital to seek a buyer for the [more]

The fake tanning and skincare company, St Tropez is reportedly being groomed for sale by its private equity owners, Lloyds Development Capital (LDC). [more]

Glasgow’s Trade Style Cabinets has fallen in receivership with the loss of 50 of its 80 employees. The recession has hit the furniture business hard as a result of the down [more]

Your Space Ltd, the serviced office provider, has fallen into administration and 14 jobs have been lost as a result. [more]

Motor insurer Quinn Direct, part of Ireland's biggest insurer Quinn Insurance Limited, has been placed into administra [more]

The assets of A1 Grand Prix have been placed on the market with the potential to re-launch the series in the future, after the parent company entered liquidation recently. [more]

It is considered likely that the BBC will sell its British magazines, to include Top Gear and the Radio Times, after a major strategic review at the corporation. [more]

Specialist window and door manufacturers, Octaveward, based in Darwen, Lancashire, went into administration yesterday, with the loss of 65 jobs. [more]

Sovereign Oilfield Group, which supplies technical resources and engineering to the oil and gas industry, has entered administration, following failed talks with its lenders to renegotiate the terms of its debt. The company, based in Aberdeen, has approximately 400 employees, located main [more]

Managed services provider Office2office plc (O2O), has purchased the assets and business of the business process outsourcing (BPO) arm belonging to The Print Factory London (1991) Limited and The DSR Group Limited, which have both entered administration. The administrators Allan Graham and David Standish of KPMG confirmed the sale [more]

EMI has put its famous Abbey Road recording studios in St John's Wood, London, on the market. It is understood a sale could bring in tens of millions of po [more]

Divalimit, the parent company of homeware retailer FADS, Texstyle World and Leveys, has been placed into administration. [more]

A declining turnover caused by the recession-hit jobs market has tipped Clerkenwell-based architecture and design recruitment agency Adrem into administration. [more]

The British Ski and Snowsport Federation is about to fall into administration after being unable to meet its bills leaving some athletes short of funds to prepare for the Winter Olympics. [more]

As part of a strategic review, RBS is considering a sale and leaseback of Gogarburn, its headquarters in Scotland. [more]

UK competition watchdog the Office of Fair Trading (OFT) is considering whether to review the planned merger of mobile phone companies Orange and T-Mobile after the two firms submitted their proposal to European regulators. The body has until 15 February to make a ruling on the matter. [more]

A 10-acre Lapland theme park in Kent has entered administration after its sales suffered due to the disruption caused by the snow before Christmas. [more]

Crystal Palace Football Club has confirmed that it has fallen into administration after months of financial hardship. It has been announced this afternoon that buyers are being ur [more]

New research shows that the number of private equity deals in the UK hit a 25-year low in 2009, mainly because the credit crisis cut off cheap debt supplies and dissuaded business owners from selling. According to the Centre for Management Buy-out Research at Nottingham University, last year saw 117 private equity deals take place - fewer than half of 2008's 243 d [more]