News: March 2010

BuildAbility, the building firm that is responsible for Birmingham’s The Cube canal-side landmark, has gone into administrat [more]
Motor insurer Quinn Direct, part of Ireland's biggest insurer Quinn Insurance Limited, has been placed into administra [more]
Major independent city food stores in Brighton are under threat after parent company, Taj Mahal Natural Food Ltd, fell into administration. [more]
The receiver of Kenmore Property Group has hired Savills to market 32 properties in order to "test the market" and use the proceeds to pay [more]
A strategic review of operations has been launched at UK bourse, Plus Markets Group Plc. [more]
Imagine Homes, the buy-to-let business owned by Anthea Turner's husband Grant Bovey, will shortly be placed on the market by Deloitte, the administra [more]
Scottish airline Highland Airways has handed over the running of the business to PricewaterhouseCoopers, having entered administration. Most of the firm's 100 employees will lose their jobs, while operations [more]
Camelot, the National Lottery operator, has been bought out by Canadian pension fund Ontario Teachers’ Pension Plan (OT [more]
A deal has been struck to save all jobs at Hexagon Human Capital, involving a management buy-out funded partly by Barclays Ventures. [more]
Rail maintenance contractor Jarvis is set to enter administration following a dive in rail and plant hire volumes, effectively putting 2,000 jobs at risk. [more]
Lloyds Banking Group has announced it is planning to sell off large commercial property assets. [more]
London sandwich chain Eat is exploring a sale of a portion of its business after having been approached by several third parties. [more]
US private equity group Blackstone is mooting the sale of its majority £1.4 billion stake in the British holiday chain Center Parcs, it has been repor [more]
US business lender GMAC Commercial Finance is disposing of its UK loan book as part of preparations to exit the country by the end of this year. [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]
The world's largest plumbing distributor, Wolseley, is considering disposing of its underperforming units in a bid to run less and bigger businesses in the long- [more]
Bowmark Capital has provided financial back-up for the management buy-out and expansion of property management agency chain Leaders Limited. [more]
Cardiff City FC will face administration if it does not receive new funding soon, according to reports. [more]
JD Owen Transport Ltd, the freight forwarding business of haulage specialist Dai Owen, is being placed into administration, according to reports. [more]
Private equity firm Endless has sold its British Bookshops & Stationers (BBS) retail business in a management buy-out just nine months after the company bought [more]