News - written by Caroline Ramsey

The packaging manufacturer API Group is to undertake a formal sale process later this year. [more]
An administrator has now been appointed for Arinza Star Hotels Limited, which owns The Mill Hotel based in Croston, Lancashire and The Miraj Hotel and Leisure Club located in Ashbourne, Derbyshire. [more]
Fountains Group, a major council contractor, has gone into administration this week. According to the BBC, 450 people have been made redundant as a result. However, most of the [more]
The Royal Beacon Hotel in Exmouth fell into administration over the Christmas period and looks set to be for sale in the near future. Paul Nightingale, the establishment's owner, has run the hotel for eight years and over [more]
A management buyout of Confluence Management, one of the UK's most successful construction management consultancies will give it the funds and resources to relocate and expand its West Midlands b [more]
It has been predicted that pre-pack administrations will mount up this year, as consumers continue to avoid spending on the high street. [more]
Sustainable architecture company, Browne Smith Baker (BSB), has entered administration, prompting a sale of all the company's assets. The company, which has worked comprehensively in the North East of Engla [more]
News International's base in Wapping, East London, is to be sold following a 'strategic review' of the newspaper business' [more]
A buyer is being sought for a prime commercial development site in Blackfriars, London, after it was placed into administration by its owner. [more]
Administrators are beginning the sale process on the assets of another Scottish building company, after Strathclyde Homes entered administration yesterday. The company, which is based in Cumbernauld, has been placed into the hands of [more]
Sigma Capital, the Scottish investment firm, has acquired property regeneration firm Inpartnership. [more]
Bank of America has put its UK credit card business MBNA on the market as it looks to pull out of the country. [more]
Pub giant Admiral Taverns is selling off eight of its pubs in a deal worth more than £1.7 mill [more]
Insurance Australia Group (IAG) has put its UK-based motor insurance business Equity Red Star and its commercial insurance broker Barnett & Barnett on the market, as it looks to exit the country, the Mail on Sunday repor [more]
The number of businesses being bought out of distress in the UK in the first half of 2011 fell significantly, according to research from business information company, Experian CorpFin. [more]
Package holiday specialist, Holidays 4 UK Ltd, has entered administration leaving 12,000 travellers scrambling to get home and other tour operators and airlines trying to provide for their needs. The company - which trades under the names Holidays 4 U and Aegean Flights - [more]
Pendle Town Council has announced that Colne Precinct in Lancashire has fallen into administration. [more]
A collection of 22 pubs located across the West Midlands has come onto the market. [more]
Potential buyers for music giant EMI have been asked by Citigroup - which took control from Guy Hands earlier this year - to put in their first-round bids by early August. It is thought the sale could generate £3 bill [more]
Innovative ventilation and heating unit manufacturer Vent-Axia has been put on the market with a price tag of £200 mil [more]