Most directors of failed businesses cite a drop in profitability caused by tougher trading conditions as the main reason for their firm's demise. In reality for many of these businesses, it is not 'profitability' bu...continue reading
We have noticed that a number of large European businesses have put some of their assets on the market. These include Italian Oil Giant Eni, which has hired Rothschild to sell most of its North Sea fields for more than $1bn. The...continue reading
UK warehouses company Brixton is reportedly looking to sell off some of its major assets, in a bid to raise cash to pay off debts. The company owns warehouses at Park Royal and Heathrow, though it is unclear at this stage as to...continue reading
It has been predicted by business-recovery experts that numbers of insolvencies in the commercial-property market will dramatically increase in 2009. Begbies Traynor has predicted that 1,600 British property companies could go u...continue reading
Who will buy Friends Reunited and for what price? ITV bought the site for around £175 million (total including staggered payments up to the end of 2008) back in 2005, and its slow demise has been quite apparent to anyone fo...continue reading
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