News - written by Caroline Ramsey

A plastic bag packaging firm has gone into administration, blaming the introduction of the 5p charge for plastic bags in England and ‘aggressive’ competition from o [more]
A Brighton-based company, which is currently in liquidation, has been fined a record £350,000 after the distressed business made a "staggering" 46 million cold calls using autom [more]
A heavy round of redundancies has taken place at London-based Powa Technologies, the $2.7 billion (£1.94 billion) tech startup that went into administration late last week, reports the Financial Times. Administrators from Deloitte were brought in on Friday 19 February. They have since made 74 employees from the com [more]
The directors of the Blue Ivy boutique hotel and restaurant in Colchester, Essex have been forced to appoint a liquidator by a legal petition issued by an electrical company, as reported by the Daily Gazette. The legal petition was submitted by Edmundson Electrical following a dispute over an unpaid bill. Following the peti [more]
The Met Steel Group, based in Mallusk, County Antrim, has fallen into administration, with the Northern Ireland steel supplier stating that it has struggled to compete against cheaper imports from emerging markets in Asia. [more]
A North West jewellery chain, featuring an historic Market Street store in Manchester city, has been bought out of administration by management in a pre-pack deal. [more]
The owners of the holiday resort group Center Parcs is once again considering putting it on the market. [more]
A Dundee-based construction firm looks set to go into administration, reports suggest. [more]
The prestigious Grosvenor House Hotel in London is up for sale after its owner went into administration. [more]
A pension advisory firm has merged with a financial services company, it has been confirmed. [more]
East London-based training scheme and mini restaurant chain, Hoxton Apprentice, has been put up for sale, while the charity that ran the venues, Training for Life, has also fallen into administration. [more]
A vineyard that supplied the Queen and the Duke of Edinburgh with wine to celebrate the Diamond Jubilee earlier this year has fallen into administration after poor weather damaged the latest harvest. [more]
Welsh record label, Sain Records, which has published music by a large number of high profile Welsh artists since its inception in 1969, has been put up for sale. [more]
A Cheshire based building services contractor, ABS Engineering, has fallen into administration and a buyer has not yet been secured for the company. [more]
Mining operator ATH Resources is being put up for sale after failing to find a refinancing solution. [more]
Belfast's Odyssey Pavilion has been put on the market with a price tag of £1 [more]
Stratford's Wine Agencies has entered administration following ongoing financial difficul [more]
The sale of Citation is nearing completion as the company's owners have received a number of offers from private equity and trade bu [more]
The government has been urged to sell off unused commercial properties in order to cut costs and to help improve market conditions. [more]
The Marriott hotel in Manchester, The Victoria & Albert, is up for sale after experiencing a troubled recent hist [more]