Speaking after Dun & Bradstreet figures showed a slight fall in the number of insolvencies last year, Oldfield told this morning’s BBC Breakfast News he had ‘no doubt’ that this year’s figure would be higher.
He said the full impact of foot and mouth on rural businesses had not yet been felt as Customs & Excise and the Inland Revenue were reluctant to press companies into administration as part of government attempts to support companies affected by the spread of the disease.
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