The recent closure of ISG has resulted in immediate job losses for around 2,200 employees, amid the insolvency of two of its subsidiaries.ISG Interior Services Group…
A Hampshire haulage firm has entered administration following a breach in its company voluntary arrangement (CVA), revealing underlying financial struggles.PL Transport Logistics, based in Alton, was…
ISG’s administration blamed on problematic pre-Covid contracts, impacting staff and suppliers.The firm, led by Zoe Price, filed for administration due to legacy contract losses from 2018-2020.Key…
A major development sees six subsidiaries of ISG, one of the UK’s leading contractors, applying for administration.This move follows intense online speculation regarding the financial stability…
In a surprising turn of events, the UK’s largest distributor of decorative surfaces faces administration, just two years post-management buyout.The company, International Decorative Surfaces Limited (IDS),…
Harland & Wolff, the iconic shipyard in Belfast known for constructing the Titanic, is on the verge of entering administration. This crisis threatens a significant £1.6…
Harland & Wolff, the renowned Belfast shipyard famed for constructing the Titanic, is on the verge of administration. This jeopardises a £1.6 billion contract to build…
Perthshire’s largest contractor succumbs to inflation challenges, marking a significant shift in local construction dynamics. The collapse of Hadden Construction, based in Aberuthven, has prompted widespread…
The Body Shop has been salvaged from the brink of administration through a rescue deal orchestrated by cosmetics magnate Mike Jatania. This agreement secures 113 stores…
A Hampshire-based IT relocation firm has been saved from closure, preserving 59 jobs through a pre-pack deal.The company, Sunspeed Transport Services, faced financial challenges despite expansion…
