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Wed, 09 Jun 2010 | ADMINISTRATION
A crippling tax bill has driven a Cambridgeshire haulage firm into a pre-pack administration deal.
Wisbech-based Heathcliff Haulage was put up for sale in April after the pursuit of unpaid debts by HM Revenue and Customs (HMRC) ... continue reading
Wed, 09 Jun 2010 | BUSINESS NEWS
A business survey has revealed that 18 per cent of small businesses fear they will go insolvent if UK interest rates rise to 4.5%. R3, the turnaround and recovery association, polled over 300 small businesses to see how they woul... continue reading
Tue, 08 Jun 2010 | ADMINISTRATION
A buyer is being sought for a Manchester-based manufacturer of personalised workwear, after it was placed into administration this week.
Touchline (UK) Ltd – which operates from headquarters on Knutsford Road, Warrington &n... continue reading
Tue, 08 Jun 2010 | ADMINISTRATION
An exclusive Irish boutique hotel has gone into receivership – the latest victim of the nation's ailing tourism industry.
Lisloughrey Lodge, the country house hotel adjacent to Ashford Castle in Cong, Co Mayo, had bee... continue reading
Mon, 07 Jun 2010 | BUSINESS NEWS
Family firms are increasingly being sold or bought-out rather than being passed down through family lines, a survey has revealed.
Of 650 small businesses surveyed by accountancy firm, Haines Watts, only 16 per cent said they plan... continue reading
Mon, 07 Jun 2010 | BUSINESS SALE
A Northumberland department store marked for closure following the collapse of retail chain, Vergo, has been offered a reprieve after it was bought by the JE Beale retail group.
The 76 staff of Robbs department store in Hexham wi... continue reading
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 | 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
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East Midlands furniture manufacturer ceases trading | ADMINISTRATION
Andrew Paul Furniture Limited, a major furniture manufacture...
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Yorkshire law company Ison Harrison merges with Skipton firm | MERGER
Ison Harrison, an employee owned law firm based in Yorkshire...
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£37m-turnover pet food firm falls into administration | ADMINISTRATION
Kennelpak Limited, a private equity-backed pet products comp...
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