Administrators from MCR has made 36 people at book retailer Borders
The redundancies are all in the book chain’s London head office and not at
Administrator Phil Duffy, partner at MCR, said: “We are now pursuing parallel
administration strategies – continuing to seek a purchaser for all or some of
the company’s stores whilst conducting store closing down sales.”
“Considerable interest has been expressed either in the business and/or
certain stores and this interest is actively being pursued by MCR.” No further
details are available at this time” he added.
MCR announced closing down sales at all of Borders 45 retail outlets.
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