A quiet trading period over Christmas has forced
The toy retailer, which operates in 22 locations across Northern England,
Scotland and Northern Ireland, employed 223 staff but has made 122 redundant
with immediate effect.
partner and administrator David Crawshaw said a quiet trading period and
difficulties getting stock out to stores had forced the company into insolvency
Sources at KPMG said its partners would pay the company’s business rates
following the controversial Trident court case decision last week, which saw
business rates determined as an expense ahead of administrators’ remuneration.
However, the rates should not be a major factor in the attempts to sell the
Does Darwin's theory apply to taxation? Colin ponders...
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