Clinton Cards who are the largest British chain of greetings card stores has gone into administration today. The company has been forced into administration by its largest supplier putting 8,000 jobs at risk. American Greeting had bought Clinton Cards debts from its bank. Zolfo Cooper, restructuring specialists have been appointed as administrators to Clinton Cards… (0 comment)

Scottish & Southern Energy has been fined a record amount for its underhand selling techniques. The energy company was fined £1.25million for using misleading, pushy sales tricks to convince consumers with other companies to switch to their services. The energy company was taken to court by Trading Standards because of the high pressure tactics used… (0 comment)

Almost 70 businesses are collapsing every day due to the lack of availability of loans according to researchers, which is the largest number for 2 years. During March 2012, 2,112 businesses became insolvent which is an average of 68 per day. This is the largest number of business closures since March 2010 and is largely… (0 comment)