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Thu, 29 Mar 2018 | ADMINISTRATION
The firm that owns several discount alcohol shops – including Bargain Booze and Wine Rack – has announced that it will file for administration in the next two weeks, after dwindling revenues have put it in a precarious... continue reading
Wed, 28 Mar 2018 | MBO/MBI
The management team at an industrial manufacturing firm based in County Durham have successfully acquired the business through a buyout supported by a consortium of finance providers.
The management buyout (MBO) at North East She... continue reading
Tue, 27 Mar 2018 | ADMINISTRATION
Kerryfresh announced the appointment of administrators on 23rd March after falling into financial difficulty as a result of "the failure of Palmer & Harvey".
Allan Graham and Ben Wiles of Duff & Phelps were appointed joint admini... continue reading
Mon, 26 Mar 2018 | BUSINESS SALE
The Prezzo restaurant chain has announced that creditors have officially backed a proposal that will see the group close 94 of its restaurants, which amounts to around one third of the chain's sites.
The decision, which is e... continue reading
Fri, 23 Mar 2018 | BUSINESS NEWS
Fashion retail chain New look has announced it will cut 980 jobs and close 60 stores around the UK as part of a plan to restructure the firm following talks with creditors over ongoing financial issues
According to a company spok... continue reading
Thu, 22 Mar 2018 | ADMINISTRATION
A Blackburn-based producer of aluminium products has entered administration after an exacting contract dragged down the company’s finances.
S.G. Aluminium, a firm that not only produces but also installs architectural alumi... continue reading
Wed, 21 Mar 2018 | MBO/MBI
The management team at a fire protection device firm has put pen to paper on a deal to take control of the company, thanks to some support from private equity.
The team at Checkmate Fire Solutions, a firm that conducts fire safe... continue reading
Tue, 20 Mar 2018 | BUSINESS NEWS
High street carpet giant Carpetright has revealed it could cut jobs and close stores as it considers the possibility of insolvency.
The group, which currently has 409 UK stores, has revealed it's exploring a "range of optio... continue reading
Mon, 19 Mar 2018 | COMMERCIAL PROPERTY
Real estate investment trust, Secure Income REIT PLC, has purchased the Manchester Arena venue as part of a larger deal worth some GBP436m.
The chairman of the REIT, Martin Moore, has announced that the purchase of the arena is p... continue reading
Fri, 16 Mar 2018 | ADMINISTRATION
Engineering consultancy company Hydrock has placed its specialist remediation arm QDS Contracting into administration after making the decision to exit contracting.
The move comes just five weeks after Hydrock announced the rebr... continue reading
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Energy services firm completes third acquisition | BUSINESS SALE
Energy services firm Earnz plc has completed its third acqui...
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Newcastle life sciences firm falls into administration and ceases trading | ADMINISTRATION
AMLo Biosciences, a life sciences firm based in Newcastle, h...
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Matthew Freud exploring possible sale of eponymous PR consultancy | BUSINESS SALE
Leading public relations executive Matthew Freud (pictured) ...
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