The OFT doesn’t seem to be able to leave the Supermarket giants alone lately! This week, we should see the publication of the final recommendations from the Competition Commission in to the Grocery Trade ( read supermarket chains), after the OFT referred the matter to the CC in 2006. Will an Ombudsman for the trade be recommended or not? That’s one of the big questions that will soon be answered. Then last week, almost in preparation for this one, we learn that the OFT has launched an investigation into cigarette and toiletries price fixing amongst the large supermarket chains and the cigarette manufacturers. At this rate,Tesco and the like will soon be developing a serious bunker mentality. Why is it ,they ask, we do everything we can to help consumers yet get all this criticism? Any suggested answers from anyone?
Steve Absolom and Will Wright from KPMG Restructuring have been appointed joint administrators to City Motor Holdings and associated companies
Partners from Johnston Carmichael have been appointed as joint administrators to Axon Well Interventions Products UK
Begbies Traynor have been appointed administrators of William Anelay Ltd, York, one of Britain’s longest-established construction and heritage restoration companies
Smith & Williamson has been appointed administrators of charity 4Children