News

Aurora Fashions considers sale of Coast

Wed, 20 Feb 2013 | BUSINESS SALE
The Coast retail brand could be sold as an independent company as its parent, Aurora Fashions, is considering how to deliver the best future for the firm. Coast has 41 standalone stores across the UK, as well as 166 concessions. ... continue reading

Shropshire waste services firm in administration

Wed, 20 Feb 2013 | ADMINISTRATION
A Shropshire-based waste and recycling company, Wellings Ltd, has been placed into administration after poor trading hit the business. The firm, which trades as Pink Skips, called in Grant Thornton on 18th February, with the loss... continue reading

Morrisons to buy business assets from Blockbuster

Tue, 19 Feb 2013 | DIVISION SALE
The supermarket chain WM Morrisons is set to buy business assets from the failed Blockbuster film rental chain with the intention of developing a new convenience store franchise. A total of 49 of the stores were purchased and the... continue reading

Buyers sought for Gloucestershire Hotel on the Park

Tue, 19 Feb 2013 | ADMINISTRATION
The Hotel on the Park, located in Cheltenham, Gloucestershire, has entered administration, after being on the market with a £2.6 million price tag since November. Joint administrators from Duff & Phelps have come in to the ... continue reading

Offshore service provider Cosalt in administration

Mon, 18 Feb 2013 | ADMINISTRATION
Offshore services group Cosalt has entered administration having buckled under the weight of its huge debts. Cosalt asked its banks late last week to bring in the administrators after it had been unable to raise the funds necessa... continue reading

Baris enters administration

Mon, 18 Feb 2013 | ADMINISTRATION
The directors of construction group Baris have appointed administrators from FRP Advisory after a deterioration in trading conditions took its toll on business. Chris Stirland, Phil Armstrong and Nathan Jones were appointed earli... continue reading

Thomas Cook considering sale of Neilson ski business

Sun, 17 Feb 2013 | DIVISION SALE
Travel company Thomas Cook is considering the sale of its Neilson specialist ski business, according to a report in the Sunday Times. The Neilson arm mainly organises ski holidays, but also offers summer lakeside, mountain and sa... continue reading

Daisy Group to buy assets from 2e2

Sat, 16 Feb 2013 | BUSINESS SALE
Telecommunications firm Daisy Group is set to take control of the data centre operations of defunct company 2e2. The deal will see special purpose vehicle Daisy Data Centre Solutions, which was created by Peter Dubens, owner of O... continue reading

Republic sale details announced

Fri, 15 Feb 2013 | BUSINESS NEWS
Stricken retail chain Republic, which was put into administration earlier this week, has launched a sale, cutting the price of all stock by between ten and 20 per cent. Confirmation of the discount was given by the staff, while t... continue reading

Blue Inc moves in on rival Republic sale

Fri, 15 Feb 2013 | ADMINISTRATION
Fashion chain for the young, Blue Inc, is in talks to snap up about 50 Republic stores out of administration. Blue Inc’s move to rescue a good chunk of its rival’s 121 stores would save roughly 1,000 jobs. Blue Inc, w... continue reading

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