England

TECHNICAL PRODUCTION BUSINESSES UNIFY UNDER ONE BRAND

JLLighting and JLLive are joining together under one new single brand identity and comprehensive offering. JLL will be a ‘one stop shop’ full-service technical production partner. By combining the two sides of the business, the team aim to further the audience experiences they can deliver and continue to push the boundaries of creativity within the […]

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COMPANY THAT LOST AMAZON DEAL TO ENTER LIQUIDATION

A company that collapsed into administration a year ago is to be liquidated. All employees at TVR Express were made redundant when the business failed in February 2022. At the time Rehan Ahmed and Tauseef Rashid of business advisory firm Quantuma were appointed as joint administrators of the company. TVR Express, which also had deals

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HOTEL GROUP ANNOUNCES PURCHASE OF NEW LONDON HOTEL

Dalata Hotel Group plc (“Dalata” or “the Group”), the largest hotel operator in Ireland, with a growing presence in the United Kingdom and continental Europe, is pleased to announce the addition of a new 192-bedroom hotel at 240 Seven Sisters Road, Finsbury Park, North London to its hotel portfolio. Under the transaction, Dalata has acquired

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LEISURE GROUP TURNOVER EXCEEDS £100 MILLION

North East hospitality company Cairn Group has posted record results with turnover topping £100m for the first time – beating pre-pandemic levels. The Newcastle based leisure property owner and developer, which owns the Station Hotel in Newcastle has toasted a rapid return to profitability, after a successful year of trading saw turnover jump from £34.1m

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INVESTIGATION LAUNCHED INTO FAILED SHOPPING CENTRE GROUP AUDIT

Accountancy watchdog the Financial Reporting Council has launched an investigation into big four firm PwC’s auditing of shopping centre and leisure group Intu Properties plc. The audit and accountancy regulator will look at PwC’s handling of Intu’s 2017 and 2018 accounts, a period before the firm’s collapse into administration. Following a drop in rents brought

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DUNELM SEES PROFITS DROP AS INFLATION CONTINUES

Profits at Leicestershire headquartered homewares giant Dunelm dropped by a sixth in the second half of last year, partly due to inflationary pressures. The business reported pre-tax profits of £117.4 million for the half year, down from £140.8 million a year before. That came despite its sales rising 5 per cent to £835 for the

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SHOPPING CENTRE HIRES NEW MANAGER TO OVERSEE DEVELOPMENT

Five Valleys shopping centre in Gloucestershire has appointed a new manager to oversee its final phases of redevelopment. Jack Simpson (pictured above) will head up the operations team at the complex in Stroud town centre, which developer Dransfield Properties has invested £30 million in regenerating. Cheltenham-based Mr Simpson, who has eight years experience of managing

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