The British Retail Consortium (BRC) has today revealed the High Street continued its recovery in March with UK retail sales rising at their fastest rate in almost four years.
According to the BRC, the rise was boosted by Easter shopping as consumers stocked up on chocolate, food and drink for the Easter weekend.
The BRC said [...]
Administrators at Jarvis, the railway maintenance company which entered administration last week, have announced they will shed 1,100 jobs at the ailing company.
Deloitte said the job losses will affect workers at the head office in York, as well as in Doncaster, Glasgow, Leeds, Newcastle and Peterborough.
Last week, Deloitte was called in to the rail [...]
Scottish airline, Highland Airways, has gone into voluntary administration putting 100 jobs at risk.
The company, which is based in Inverness and also has routes to Wales, called in administrators last night, PricewaterhouseCoopers (PwC), to take over the running of the business.
The Civil Aviation Authority (CAA) said operations had been suspended “with immediate effect”.
The airline, [...]
Jarvis, the railway maintenance company, has entered administration after being refused further support by its lenders.
The company, which has is based in York, said the future of the firm depended on the ongoing support of its lenders but said after negotiations, it was evident “that sufficient support will not be extended to the company to [...]
Portsmouth Football Club is to enter administration today as the Premier League side struggles under a mountain of debt totalling £60 million – including more than £12 million owed in tax to HM Revenue and Customs.
The club has failed to attract a buyer and the process of administration means it will immediately be docked nine [...]