After news broke last week that Patisserie Valerie was heading towards administration, the situation looked bleak for the bakery’s 206 shops and 2,800 staff. But unlike many of the other recent cases of high street woe, after a substantial cash…
The latest tale to add to a summer and now autumn of high street woe is the collapse of the Irish fashion brand Orla Kiely, with the group’s shops in London’s Covent Garden and King’s Road, and in Kildare in…
The recent £1.7bn takeover of Virgin Money by the Clydesdale and Yorkshire Banking Group is expected to lead to the loss 1,500 jobs, many of which will be in senior management positions. The redundancies could amount to 16 percent of…
It has long been the case that those who use tax avoidance schemes have borne the brunt of the authorities, but now those who provide the advice that leads to the implementation of such schemes could be investigated too. In…
Boulestin, the highly regarded French restaurant located in the heart of Mayfair, has avoided administration and found a buyer. The up-market eatery that is frequented by wealthy residents and financiers called in the administrators on 8 February and was acquired…
Designer Ideas Limited, the award-winning ethical bedmaker known as Warren Evans called in the administrators on 6 February in spite of strong Christmas sales. The London bed and furniture manufacturer has 14 showrooms across the Capital and the South-East of…
East Lifestyle Limited, the high street bohemian fashion retailer known as East has entered administration for the second time in three years, putting hundreds of jobs at risk. The womenswear retailer was founded by former Monsoon staff and opened its…
The assets of independent publishing houses Black Dog Publishing and sister company Artifice Books on Architecture, Art and Design (ABAAD), went into limited company liquidation last month, have been acquired by global contract publishers St James’s House Media Group. Publishing in…
After finalising a Company Voluntary Arrangement (CVA) with creditors for Jamie’s Italian restaurant chain, the celebrity chef has now acquired one of the two existing Barbecoa steakhouses in a pre-pack deal. The formal insolvency procedure allows current business owners, shareholders,…
HMRC Bans Use of Personal Credit Cards to Make Tax Payments The number 13 is unlucky for some and there will be hundreds of thousands of low income taxpayers who will feel that they have been cursed when they are…
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