Administrators from KPMG have warned that 400 jobs will be lost at Benjys.
Myles Halley and James Money from KPMG said that 46 branches of the sandwich
chain will be closed now that is has gone into administration for the second
time since July last year, after struggling to make rent payments in tough
KPMG said that although jobs will be lost, it was looking to sell the
business as a going concern.
Three new partners and seven business restructuring advisers have been appointed to the new Preston office
Political and economic uncertainty behind the fall in confidence
Just Racing Services, operating company of the Manor Racing Formula One team has entered administration
Last year 16 oil and gas companies became insolvent, finds Top Ten firm Moore Stephens