According to the Local Data Company (LDC) the number of empty commercial property shops on UK high streets is set to rise in 2012.... Read More
When a company has worked through thick and thin to make the company work, it is always hard when they know there is no other way, other than administration. But shouldn’t the Government be helping companies in this situation... Read More
The latest retail sector news offers little hope that the New Year might see an upturn in fortunes on the high street.... Read More
With the number of retail commercial properties going into administration on the increase, this has resulted in more and more people being made redundant.... Read More
Motorway restaurant chain Little Chef has announced it is to close 67 of its 161 commercial property outlets in a move estimated to lead to the loss of between 500 and 600 jobs.... Read More
Plans are being put in place to save one of the biggest companies in Wales from administration. Due to debts of £240 million, Peacocks has only ten days to find a new investor... Read More
Commercial property landlords are among a group of unsecured creditors who are set to receive nothing at all following the collapse of home improvement retailer Focus DIY the Guardian reports.... Read More
Failing trading conditions have hit all kinds of retailers this year, from electrical chains to clothes shops. Many consumers have cut their discretionary spending as the cost of food, energy and other essentials have risen.... Read More
Commercial property footwear group Barratts has collapsed into administration for the second time in two years, leaving nearly 4,000 jobs at risk just in time for Christmas.... Read More
Luminar Group Holdings PLC, which runs seven top branded nightclubs and owns 76 venues, has gone into administration.... Read More