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Hotel insolvencies up, but business travel could provide a boost
- April 2024
A new report has revealed a significant increase in UK hotel insolvencies over the past year, as operators continue to struggle with a slew of adverse conditions. However, a potential recovery in business travel during 2024 suggests there could be light at the end of the tunnel for an industry that ...
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FOR BUYERS Notts County eager to secure deals and avoid administration
Accountants are reportedly appraising Notts County Football Club’s accounts and evaluating strateg...
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FOR BUYERS Friends Reunited sale given provisional go-ahead
The Competition Commission has given provisional go-ahead to ITV for the sale of social networking s...
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SECTOR GUIDES Business Valuation - Three Approaches
I got pitched a question last week from a principal of a software business. He asked what were the...
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DISTRESSED BUSINESSES Reader's Digest UK officially files for administration
Reader's Digest has gone into administration after talks between its US parent group and the UK...
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DISTRESSED BUSINESSES Nearly two out of three businesses refused finance
Despite the government's attempts to boost business lending, nearly 60 per cent of UK companies...
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INDUSTRY INSIGHTS Two more potential business buyers for Portsmouth
The chief executive of Portsmouth, which is on the verge of becoming the first Premier League club t...
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INDUSTRY INSIGHTS Reckitt denies plans for Kraft-style acquisition
Consumer products maker Reckitt Benckiser - the name behind Finish dishwasher detergent, Vanish stai...
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DISTRESSED BUSINESSES Winding-up order adjourned but Portsmouth administration inevitable?
It might have been given a week-long stay of execution after the winding-up petition against it reac...
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DISTRESSED BUSINESSES Football clubs have wind-up orders adjourned
There's plenty of talk about Portsmouth today after the High Court adjourned its winding-up ord...
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DISTRESSED BUSINESSES End of tax scheme to prompt wave of distressed businesses for sale?
In another indication that the UK can expect to witness a selection of distressed businesses for sal...
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DISTRESSED BUSINESSES Ethel Austin falls into administration threatening thousands of jobs
It looks like January’s cold-snap has found another victim, in the shape of retail clothing chain ...
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INDUSTRY INSIGHTS Nordic care home sale mooted
Private equity group 3i may soon put up a Nordic operator of care homes for sale. Bankers close to t...
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DISTRESSED BUSINESSES Paper business for sale after going into administration
Administrators are seeking a buyer for a Cheshire paper business after failed efforts to keep the fi...
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ALL Wave of merger activity expected in 2010
Following the £11.5 billion takeover of British confectioner Cadbury by the American food giant Kra...