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Insolvency and Administration

North East business insolvencies rise at highest rate in º£½ÇÊÓƵ in August, figures show
Insolvency and Administration
R3 said that more than 12,300 North East businesses had more than 152,000 overdue invoices on their books during August
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Springs company in administration after 'unprecedented cost increases'
Insolvency and Administration
Kroll hopes to sell Heath Springs and Components as going concern
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Offer accepted 'from the highest bidder' for former Signature Living hotel Rainhill Hall
North West
The hotel has been operating at a loss and has relied on a loan to keep trading.
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Industry compensation scheme to pay out over WealthTek's missing £81m
Insolvency and Administration
The Financial Services Compensation Scheme is ready to meet losses up to £85,000 per customer
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Welsh go-kart maker goes into administration
Insolvency and Administration
Formula K International was set up by four times go-kart world champion Graham Liddle
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Government looks set to bring in commissioners to run Birmingham City Council
Insolvency and Administration
Also fears the authority could be forced to sell off assets, including its stake in Birmingham Airport
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Revealed: Tech unicorn Wejo collapsed into administration owing over $100m after investor's 11th hour decision
North West
Wejo had been listed on the Nasdaq in the USA.
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British high street is not dead, says Government as politicians weigh in on Wilko collapse
Retail & High Street
Warning that Government response does not 'match the scale' of the problems facing town and city centres
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The Range finalises deal to buy Wilko brand and website
Insolvency and Administration
More than 10,000 further Wilko workers are set to lose their jobs by next month
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Poundland owner to buy up to 71 Wilko stores – and offer jobs to workers facing redundancy
Insolvency and Administration
PwC said around 3,200 Wilko staff currently work across Wilko sites that are being acquired by Poundland owner and B&M
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FRP acquires indie Sheffield insolvency specialist Wilson Field Group
Deals
It is the seventh acquisition since FRP launched on the London Stock Exchange in 2020
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End for Wilko as administrators confirm closure of all stores and loss of thousands of jobs
Retail & High Street
Wilko brand – and more than 400 stores – will now most probably disappear from the º£½ÇÊÓƵ high street
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Union now fears all 12,500 jobs to go at Wilko and all 400 shops to shut
Insolvency and Administration
GMB union said they had been told today that branches would start going in October
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Bid by HMV owner to save up to 200 Wilko stores collapses
Insolvency and Administration
So far more than 1,300 Wilko redundancies have been announced
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Pittards employees to be made redundant as administrators fail to secure deal
Employment
The troubled leather goods manufacturer, which is based in Somerset, employs around 150 people in the º£½ÇÊÓƵ and 900 in Ethiopia
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Five Wilko stores to close in the South West
Insolvency and Administration
The business has around 400 stores and employed 12,500 people when it went under
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Full list of 52 Wilko shops that are closing
Insolvency and Administration
The business has around 400 stores and employed 12,500 people when it went under
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GMB union says 1,332 further jobs to go and 52 shops to close at collapsed retailer Wilko
Insolvency and Administration
Union said that PwC was still working with a bidder for Wilko 'who has made an offer for a significant part of business'
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B&M agrees to buy up to 51 Wilko stores in £13m deal
North West
B&M has been interested in snapping up part of the stricken chain since it entered administration last month
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B&M 'close' to acquiring 50 Wilko stores as hopes of rescue deal remain
North West
The move comes after the first round of potentially thousands of layoffs at the failed retailer was expected to start on Monday
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Pittards 'in advanced negotiations' following administrator appointment
Insolvency and Administration
The troubled leather goods manufacturer, which is based in Somerset, employs around 150 people in the º£½ÇÊÓƵ and 900 in Ethiopia
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Rising insolvency rates set to continue, North East experts say
Insolvency and Administration
Warning from R3 is mirrored by new report by the Cebr economic thinktank
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Redundancies set to start at Wilko today as hopes remain that shops will be saved
Insolvency and Administration
More than 250 jobs going as Canadian businessman who took over HMV in 2019 said to be in talks to save shops
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HMV owner finalising deal to save majority of Wilko stores
Insolvency and Administration
Canadian businessman who owns HMV in the º£½ÇÊÓƵ and Toys R Us in Canada is the front-runner
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