KPMG yesterday announced it had been called in to administer two high-profile
Leeds-based retailer Empire Direct and subsidiary Empire Property appointed
the Big Four firm as administrator and on the same day it made 158 employees
With turnover of £150m, Empire marketed itself as the largest electrical
goods retailer in the UK. KPMG has closed all 14 of its retail outlets across
Pottery maker Jesse Shirley and Son Limited, along with subsidiary Hudson and
Middleton limited, have also appointed KMPG as administrators. The family-run
business hit trouble when Wedgewood, a key customer, faltered. 55 staff have
lost their jobs.
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The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
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