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Merseyside training business PFL Limited in administration

Thu, 01 Apr 2010 | ADMINISTRATION
Merseyside training firm, PFL Limited, has entered administration with the appointment of Stephen Clancy and David Whitehouse of MCR in Manchester. The company was set up in 1999 as a division of the charity Partnership for Learn... continue reading



Entrepreneur's Relief increased to £2m

Wed, 31 Mar 2010 | BUSINESS SALE
This year’s budget contained some good news for owners of businesses looking to sell, they will benefit from the upper limit, at which capital gains tax is paid at only 10%, being increased from £1m to £2m. Any ... continue reading



BuildAbility runs out of money for The Cube

Wed, 31 Mar 2010 | ADMINISTRATION
BuildAbility, the building firm that is responsible for Birmingham’s The Cube canal-side landmark, has gone into administration. The firm says it has been unable to reach an agreement about funding with its bank. Pricewater... continue reading



Quinn Direct placed into administration

Wed, 31 Mar 2010 | ADMINISTRATION
Motor insurer Quinn Direct, part of Ireland's biggest insurer Quinn Insurance Limited, has been placed into administration. The UK business, which has 390,000 policyholders, specialised in low-cost policies for young drivers... continue reading



Taj food stores in administration and for sale as going concern

Tue, 30 Mar 2010 | ADMINISTRATION
Major independent city food stores in Brighton are under threat after parent company, Taj Mahal Natural Food Ltd, fell into administration. The firm runs the Taj food stores on the city’s Western Road and St James’s S... continue reading



Kenmore property portfolio to be sold

Tue, 30 Mar 2010 | DIVISION SALE
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 creditors. Receiver Grant Thornton has brought in the estate agency to market a variety of... continue reading



Plus Markets Group announces strategic review

Mon, 29 Mar 2010 | BUSINESS NEWS
A strategic review of operations has been launched at UK bourse, Plus Markets Group Plc. The company, which focuses mainly on small and mid-cap securities and selling market data, says it has suffered from a slow market in the pa... continue reading



Imagine Homes to be placed on the market

Mon, 29 Mar 2010 | ADMINISTRATION
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 administrators. Knight Frank is due to release an information memorandum to intereste... continue reading



Government and insolvency professionals clash over prepack administrations

Fri, 26 Mar 2010 | ADMINISTRATION
R3, the trade body for insolvency professionals, has accused the government of undermining the public’s confidence in the practice of pre-packaged administrations. These are where businesses are put into administration and... continue reading



Highland Airways in administration

Fri, 26 Mar 2010 | ADMINISTRATION
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 have been cancel... continue reading



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