News - written by Hanna Sharpe

One of the oldest independent department stores in the world has gone into liquidation after trading for 186 years. [more]
J Sainsbury's can celebrate now that it has secured Argos, its object of desire, and will tie up with Home Retail after [more]
Rhubarb, the upmarket caterer that serves the likes of the Royal Albert Hall, is exploring its strategic options to include laying the groundwork for a potential sale. [more]
WSP Textiles, the company behind the cloth of choice for World Championship snooker tables and tennis balls at Wimbledon, has been sold by its private equity owner. [more]
Stills Branding, a creative agency in Cardiff that counts BBC Wales and Barclaycard among its clients, has changed hands in a management buy-out. [more]
Budget shoe retailer Brantano has been placed into administration, only four months after being purchased by investment firm Alteri Investors. [more]
A Levy & Son, which runs the Blue Inc and Officers Club retail brands, has been placed into administration to go through a “corporate restructuring” process despite reaching sales of £100 million in 2014. The move saves 1,500 people's jobs, though some 580 others are set to [more]
Home Retail Group is nearing a sale of its DIY chain to Wesfarmers, an Australian retailer, in a deal worth £340 mil [more]
Hotel operator Cairn Group has purchased Stoke Place Hotel in Buckinghamshire out of administration, for an undisclosed amount. [more]
Hawick Knitwear has been placed into administration with over 100 jobs lost as a result, after the company directors brought in KPMG to handle the insolvency process. [more]
A payday lender, that offered short-term loans at a yearly interest rate of 2,986 per cent, has put itself into a solvent liquidation, after having been ordered by the Financial Conduct Industry to pay out £20 million in customer redress six months previou [more]
Sainsbury's has made known its bid approach, an “attractive proposition” to Home Retail Group for Argos and Homebase back [more]
Food processing company Glendale Foods has been purchased in a management buyout, which will see three founding shareholders leave the company. [more]
Property management company Grainger has done the paperwork for sale of its retirement services arm, in a deal tipped to be worth £325 mil [more]
Veterinary group Alnorthumbria has been bought by CVS Group for £7.7 mil [more]
The holiday travel group TUI, and owner of Thomson and First Choice, is considering divesting some non-core assets. [more]
A buyer is being sought for a still-trading care home in Wales after entering administration. [more]
Universal Engineering, a Wales-based supplier to the oil and gas industry, is heading towards administration, leaving 124 workers poised to hear of their fate. [more]
Administrators have been called in to an abattoir business that was brought under the media spotlight earlier this year over allegations of animal cruelty. [more]
Annuity firm Just Retirement Group is to undergo an all-share merger with rival Partnership Assurance Group to create a new group called JRP Group. [more]