Tue, 14 Jul 2020 | BUSINESS NEWS
The temporary suspension of wrongful trading provisions introduced in March 2020 and initially set to run until 30 June 2020 will continue with the implementation of the Corporate Insolvency and Governance Act on 26 June 2020.
Ho... continue reading
Tue, 14 Jul 2020 | COMMERCIAL PROPERTY
Huddersfield’s Gallagher Retail Park has been acquired out of administration by FPG Ltd in a £10.6 million deal. The retail park’s previous owner, Preston-based Marcus Worthington Properties Ltd, went into admini... continue reading
Mon, 13 Jul 2020 | ADMINISTRATION
Well-known Wakefield-based retailer Peter Jones has entered administration, following a period of weak trading which was exacerbated by the coronavirus lockdown. The company, which sells gifts and homeware, has been operating for ... continue reading
Fri, 10 Jul 2020 | ADMINISTRATION
Mobile phone refurbishment company Redeem UK has gone into administration. The firm, which also operates the Envirofone brand and has operations in Dubai, Estonia, Spain and Sweden, has appointed Chris Pole and Rick Harrison of KP... continue reading
Thu, 09 Jul 2020 | BUSINESS NEWS
Chancellor Rishi Sunak has announced a £30 billion plan to prevent mass unemployment due to the impact of COVID-19, including a temporary VAT cut on food, accommodation and attractions from 20 per cent to 5 per cent.
Sunak... continue reading
Thu, 09 Jul 2020 | BUSINESS NEWS
Department store chain John Lewis has said that eight of its stores will permanently close after the coronavirus pandemic accelerated the company’s shift from in-store to online retail. The company added that the stores in q... continue reading
Wed, 08 Jul 2020 | BUSINESS SALE
Joe Media Limited, the UK parent company of JOE.co.uk, a popular website aimed at male millenials, has been acquired out of administration by Greencastle Capital. The buyer reportedly also expects to imminently acquire the Irish b... continue reading
Tue, 07 Jul 2020 | BUSINESS NEWS
Lancashire-based contractor Construction Partnership UK owed close to £11 million to creditors when it collapsed in April, according to a new report from administrators Duff & Phelps. The company’s administration was b... continue reading
Mon, 06 Jul 2020 | ADMINISTRATION
Didsbury-based aviation claims specialist Flight Reclaim has entered administration, after the coronavirus pandemic’s impact on international travel caused a decrease in new claims. The company assists customers who have exp... continue reading
Fri, 03 Jul 2020 | COMMERCIAL PROPERTY
High street fashion retailer Next Plc has confirmed the successful sale and leaseback of its head office in Enderby, Leicestershire. Details of the transaction were not provided, but a trading statement filed in April said that th... continue reading
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Huddersfield retail park acquired out of administration | COMMERCIAL PROPERTY
Huddersfield’s Gallagher Retail Park has been acquired...
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Directors of distressed companies get more breathing space | BUSINESS NEWS
The temporary suspension of wrongful trading provisions intr...
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Yorkshire retailer Peter Jones enters administration | ADMINISTRATION
Well-known Wakefield-based retailer Peter Jones has entered ...
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