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Fri, 04 Jun 2010 | BUSINESS NEWS
Business Secretary Vince Cable has asserted that banks must increase the availability of loans to small and medium-sized companies, and that he is prepared to use 'mandatory action' to force banks to do so.
He predicted... continue reading
Fri, 04 Jun 2010 | DIVISION SALE
Accounting firm Vantis is exploring an option of selling one part of its operations in an effort to reduce its £50 million debt burden.
The AIM-listed accountant owes the sum to a consortium of banks including RBS, Barclay... continue reading
Thu, 03 Jun 2010 | BUSINESS SALE
Almost half of all UK-listed companies targeted in takeover bids in the past two years have been bought by overseas buyers, according to research by the City law firm, Wedlake Bell.
The survey found that in the first quarter of... continue reading
Thu, 03 Jun 2010 | DIVISION SALE
A Scottish health board is planning to offload millions of pounds worth of its property portfolio in an attempt to reduce its £70 million deficit.
NHS Lothian has identified 15 properties in Edinburgh that could raise up to... continue reading
Thu, 03 Jun 2010 | ADMINISTRATION
The popular superclub Fabric has entered administration after experiencing a financial drain due to the short-term closure of its sister club Matter. Fabric was guarantor of a £3.2 million loan taken out by Matter.
The venu... continue reading
Wed, 02 Jun 2010 | MBO/MBI
There has been a big increase in mergers and acquisitions in the global transport and logistics sector, according to the accountancy firm PricewaterhouseCoopers.
Their latest research shows that the number of acquisitions compl... continue reading
Wed, 02 Jun 2010 | BUSINESS SALE
Simon Halabi's 1.3-acre Piccadilly estate has been taken over by receivers and effectively put on up for sale, as the businessman becomes the latest victim of the recent property market crash.
The property mogul had plans to... continue reading
Wed, 02 Jun 2010 | ADMINISTRATION
Buyers are being sought for a 180 year-old Scottish printing firm that has filed for administration.
The future of the 71 staff of Woods of Perth remains unclear following the appointment of administrators. The company had a &po... continue reading
Tue, 01 Jun 2010 | BUSINESS NEWS
In Scotland, there has been a 32 per cent rise in corporate insolvencies in the first quarter of this year. However, personal insolvencies have dropped by 9 per cent over the same period.
This is in stark contrast to figures fo... continue reading
Tue, 01 Jun 2010 | ADMINISTRATION
One of the leading civil engineering and construction businesses in the Highlands has been taken in to administration.
A road construction specialist, Highland Quality Construction (HQC) has worked on large contracts in various p... continue reading
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Defence group targets M&A deals amid “heightened threat environment” | BUSINESS NEWS
Farnborough-headquartered defence technology group Qinetiq h...
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Birmingham fashion brand acquired out of administration | BUSINESS SALE
A Birmingham-based fashion designer and retailer has been ac...
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Administrators to bring landmark Sheffield building to market | ADMINISTRATION
A landmark building in Sheffield is to be put up for sale af...
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