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Sat, 29 May 2010 | BUSINESS NEWS
The proposed hike in Capital Gains Tax will encourage businesses to take on more debt, according to experts. Philip Booth, a director at the Institute of Economic Affairs, said: “The doubling of Capital Gains Tax would be a... continue reading
Fri, 28 May 2010 | ADMINISTRATION
130-year-old Scottish knitwear manufacturing firm Peter Scott & Co has been placed into administration, leaving 150 jobs at risk.
KPMG has been appointed as the administrator to the Hawick firm, with one pressing issue being whet... continue reading
Fri, 28 May 2010 | MBO/MBI
Venture capitalist Jon Moulton has acquired a controlling stake in Garner, the parent company of leading headhunter firm Norman Broadbent, in return for an investment of £2m.
Moulton teamed up with Irish entrepreneur Pierce... continue reading
Thu, 27 May 2010 | BUSINESS NEWS
In an announcement made this morning, David Cameron gave some reassuring, but vague, news for business owners concerning capital gains tax - entrepreneurs will be protected from higher tax rates where the sale of their businesses... continue reading
Thu, 27 May 2010 | ADMINISTRATION
Two connected Cheshire haulage and storage businesses, DJM Logistics (UK) Ltd and DJM Transport Ltd, have both entered into administration, having buckled under the strain of difficult trading conditions.
Grant Thornton has been ... continue reading
Wed, 26 May 2010 | BUSINESS SALE
Europe's biggest TV, radio and production company, RTL, is gearing up to invite bids for TV channel Five after months of speculation about its future.
RTL, which is mainly owned by German media giant Bertelsman, has put a te... continue reading
Wed, 26 May 2010 | BUSINESS SALE
Brewing giant Anheuser-Busch InBev is taking steps to dispose of most of its UK beers. The brands for sale are Flowers, Boddingtons and Bass Ale.
Bass Ale, which was established in 1777, has lost its appeal with drinkers and has ... continue reading
Tue, 25 May 2010 | MBO/MBI
Luggage brand Antler has been bought out of administration in a management buy-out deal worth £15m.
Lloyds Development Capital, the government-owned bank's private equity division, supported the deal. Lloyds is also An... continue reading
Tue, 25 May 2010 | BUSINESS SALE
Discount retailer The Original Factory Shop has reportedly been placed on the market for up to £200m.
Private equity owner Duke Street has hired KPMG to advise on the disposal of the 134-store chain. It has been predicted t... continue reading
Mon, 24 May 2010 | BUSINESS SALE
The market for the buying and selling of ecommerce businesses is improving, according to researchers at Business Data International. This is mainly because sellers of ecommerce businesses are beginning to lower prices in order to... continue reading
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Tenby’s Imperial Hotel sold to new owner | COMMERCIAL PROPERTY
The Imperial Hotel, a 19th century hotel located on the seaf...
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Medical product manufacturer undergoes private equity-backed MBO | MBO/MBI
A medical product manufacturer with operations in Worcesters...
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Focus Group continues acquisitive growth with telecoms deal | BUSINESS SALE
Business communications provider Focus Group has continued i...
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