In a report published in the Observer newspaper, Microsoft has been named as one of several trying to rally a consortium to buy the failed television channel.
Although the Redmond giant has refused to comment on the plan it has already taken stakes in UK cable firms, NTL and Telewest.
ITV Digital’s administrators, Deloitte & Touche, has confirmed that there are 60 unnamed buyers interested in saving the company and it has enough cash to keep running until next week.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
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