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Mon, 18 Feb 2013 | ADMINISTRATION
Offshore services group Cosalt has entered administration having buckled under the weight of its huge debts.
Cosalt asked its banks late last week to bring in the administrators after it had been unable to raise the funds necessa... continue reading
Mon, 18 Feb 2013 | ADMINISTRATION
The directors of construction group Baris have appointed administrators from FRP Advisory after a deterioration in trading conditions took its toll on business.
Chris Stirland, Phil Armstrong and Nathan Jones were appointed earli... continue reading
Sun, 17 Feb 2013 | DIVISION SALE
Travel company Thomas Cook is considering the sale of its Neilson specialist ski business, according to a report in the Sunday Times.
The Neilson arm mainly organises ski holidays, but also offers summer lakeside, mountain and sa... continue reading
Sat, 16 Feb 2013 | BUSINESS SALE
Telecommunications firm Daisy Group is set to take control of the data centre operations of defunct company 2e2.
The deal will see special purpose vehicle Daisy Data Centre Solutions, which was created by Peter Dubens, owner of O... continue reading
Fri, 15 Feb 2013 | BUSINESS NEWS
Stricken retail chain Republic, which was put into administration earlier this week, has launched a sale, cutting the price of all stock by between ten and 20 per cent.
Confirmation of the discount was given by the staff, while t... continue reading
Fri, 15 Feb 2013 | ADMINISTRATION
Fashion chain for the young, Blue Inc, is in talks to snap up about 50 Republic stores out of administration. Blue Inc’s move to rescue a good chunk of its rival’s 121 stores would save roughly 1,000 jobs.
Blue Inc, w... continue reading
Fri, 15 Feb 2013 | MERGER
Drinks giants Britvic and AG Barr have promised that a merger between the two companies would not harm consumers.
The businesses were due to enter into a £2 billion merger deal this month, but progress was halted when the O... continue reading
Thu, 14 Feb 2013 | ADMINISTRATION
Calls are being made to sell the Heart of Midlothian FC after its owner, Vladimir Romanov’s Lithuania-based Ukio Bankas, entered temporary administration.
Hearts fans are concerned after temporary administrators were brough... continue reading
Thu, 14 Feb 2013 | ADMINISTRATION
Talk24 Ltd, a cloud services firm, has entered administration.
The business, which had a turnover of over £70 million, is based in London and has focused on the delivery and billing of fixed mobile convergence solutions, fo... continue reading
Wed, 13 Feb 2013 | COMMERCIAL PROPERTY
A commercial retail property in Glasgow has been sold for almost £10.5 million as its previous owner sought to release some funding.
UK Commercial Property Trust sold the property on Buchanan Street, which is currently on l... continue reading
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PE-backed accountancy completes 12th acquisition in three years | DIVISION SALE
Private equity-backed accountancy and professional services ...
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Gino D’Acampo restaurant operator sold out of administration in £5m deal | BUSINESS SALE
A hospitality business that operated a number of Gino D&rsqu...
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Macclesfield-based robotics firm acquired by Swedish tech group | BUSINESS SALE
A Macclesfield-based robotics company with additional operat...
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