The administrators plan to restructure the company while looking for buyers of the business and infrastructure. Powernet, which owns ISP TotalServe and net incubator fund Powernet, hit trouble following the failure the raise finance following an abandoned £600 million flotation in the summer.
On Friday, group’s 85 of the group’s employees were locked out of its Manchester office after police were called in following threats to remove computer equipment in lieu of unpaid salaries.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel