Phil Barton, the co-founder of independent music retailer Sister Ray has
bought the shop out of administration.
Barton formed a new company, Sister Ray 08 Ltd, to buy the independent
retailer, which went into administration in July,
The sale will mean no job cuts at Sister Ray, said Andy Pear, the company
administrator appointed from Tenon Recovery.
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