Oddbins enters administration 4th February 2019 Oddbins enters administration Last week we reported Oddbins was on the brink, now it has gone. The owners of UK wine chain Oddbins have called in administrators to handle the firm’s retail operation until a buyer

Number of businesses in critical distress soars. 4th February 2019. More critically distressed UK businesses The number of British businesses in critical distress leapt up by 25% in the last quarter of 2018 according to new data from Red Flag

Scottish business insolvencies up 21% 29/1/19. Yesterday we briefly commented on this but given its seriousness we wanted to write further. Analysts estimate that as many as 20 Scottish businesses will fold every week in 2019, as new statistics show

Dream Lodge Group enters administration. 22/1/19. Holiday home operator The Dream Lodge Group has gone into administration following what administrators described as a “period of financial pressure.” Concerns for the health of the company’s finances were first sparked in October

 Greeting card company, Paperchase seeks restructuring advice. 21/01/2019. Greeting card company, Paperchase is reportedly in talks with restructuring experts to draw up plans for multiple store closures, becoming the latest major British retailer to do so amid a challenging year