News: 2018 - written by Caroline Ramsey

A management buyout of the Pizza Hut restaurant chain has been completed in a deal thought to be worth as much as GBP100m. [more]
The company that runs a chain of popular diners that serve both steak and lobster has been placed into administration, placing the future of its four restaurants into doubt. [more]
A Bedfordshire-based rose growing specialist, Chessum Plants Limited, has fallen into administration and is being sold with the help of Begbies Traynor. [more]
A pair of Leeds-based roofing and industrial cladding firms have entered administration, prompted by a period of severe financial difficulties that followed their rapid expansion. [more]
The Prezzo restaurant chain has announced that creditors have officially backed a proposal that will see the group close 94 of its restaurants, which amounts to around one third of the chain's s [more]
The management team at a fire protection device firm has put pen to paper on a deal to take control of the company, thanks to some support from private equity. [more]
Real estate investment trust, Secure Income REIT PLC, has purchased the Manchester Arena venue as part of a larger deal worth some GBP436m. [more]
Administrators have been appointed at Countrywide Farmers, a provider of farming supplies, after difficult trading conditions and a failed attempt to sell its retail arm had damaging effects on its fortune. [more]
Hawthorn Leisure, a firm led by co-founder CEO Gerry Carroll, is being put up for sale by majority owners Avenue Capital. [more]
Standard Life Aberdeen (SLA) has revealed it is selling its insurance arm to Phoenix Group for GBP3.2bn. [more]
The Jamie Oliver restaurant Group has confirmed that it is looking into selling off it Barbecoa steak restaurant chain. [more]
A luxury yachting company has run aground after announcing that it would enter administration due to a lack of sufficient funding to continue trading. [more]
A management buyout at Bath-based customer relationship management (CRM) firm, Armadillo CRM is to result in major expansion of the company, according to the new owners. [more]
The former home of the Dunnes Store in Glasgow city centre is being put up for sale by its Irish owners. [more]
Japan's Fujitsu electronics company has announced it is in talks with an investment fund group concerning the potential sale of its mobile phone company, according to the Nikkei newsp [more]
A country house hotel in Oxfordshire has been put up for sale following a GBP3m renovation. [more]
London Thameside landmark Battersea Power Station is being sold in a deal worth some GBP£1. [more]
UK construction titan, Carillion, is set to go into liquidation; putting thousands of jobs at risk. [more]