Food costs surge by almost 6%
Food prices have continued to surge, rising at the fastest rate for two years, following the fastest rise inflation for two and half years. Compared with last year shop prices rose by 2.9%, with food...
View ArticleBlacks to go into administration
Black is set to announce a take over deal in the next few days, but it will go in to administration briefly. The arrangement will get rid of the existing share value, which are no longer trading on...
View ArticleWilmington secures deal with administrators and saves trading partner Millennium
UK training and information company Wilmington Group plc (LON:WIL) said on Friday it had bought its trading partner Millennium ADMP Ltd out of administrative receivership for the cash sum of GBP465,000...
View ArticleHMV CEO remains confident after appointing administrator
Trevor Moore, the chief executive of music, DVD and video games retailer HMV Group plc (LSE:HMV), has expressed confidence in the future of the business, despite the company’s announcement this morning...
View ArticleHMV to accept gift vouchers again
People who hold HMV gift vouchers will be able to use them in stores again from tomorrow, the company’s administrator announced today. When the music, DVD and video games retailer went into...
View ArticleUpmarket fashion chain Nicole Farhi goes into administration
Nicole Farhi, a UK high-end fashion garment retailer has entered into administration, it was reported on Wednesday. Founded in 1982 by Nicole Farhi as a sister company to Stephen Marks’ French...
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