News The over-budget decontamination of Sellafield by the NMP consortium has been the subject of repeated criticism

‘This is a massive indictment of NMP’s failure to deliver’ says environmental consultant after reading letters written to clean-up consortium

Jobs at risk as troubled high street retailers seek to cut costs

The high street faces another crunch week as the fate of some 9,000 staff at the budget fashion chain Peacocks hangs in the balance.

Thousands of Peacocks staff braced for closures

The fate of more than 9,000 staff at Peacocks will be decided this week, as the high street's biggest administration since Woolworths in 2008 comes to a head.

January hangover signals yet another tough year for high street

Retailers suffered a fall in underlying sales last month and the second-worst January of trading since the mid-1990s, hitting them with a "sobering" start to what is expected to be another "tough year".

'Huge interest' in Peacocks business

Collapsed retailer Peacocks is moving in on new ownership after administrators were swamped with interest in all or part of the business.

1,600 jobs go as Bonmarché is sold to Sun European

About 1,600 jobs are to go at Bonmarché after Sun European Partners acquired the plus-size retailer out of pre-packaged administration for £10m yesterday, continuing the private equity firm's buying spree in retail.

Bonmarché snapped up for £10m but 1600 jobs to be lost

About 1,600 jobs are to go at Bonmarché after Sun European Partners acquired the plus-size retailer out of pre-packaged administration for £10m yesterday, continuing the private equity firm's buying spree in retail.

Private-equity firms form a queue to pick over Peacocks

A string of private-equity groups is circling Peacocks after the budget fashion chain collapsed into administration last week.

Powell set for clear run in election for PwC chairman

Ian Powell is on course to be re-elected unopposed as chairman of PricewaterhouseCoopers, one of the Big Four accountancy firms, with potential rivals left with only nine days to submit their candidacies.

Stricken Peacocks gets rid of 249 office staff

The administrators of Peacocks, the failed fashion chain, axed nearly half of its head office staff yesterday as two more retailers joined the list of high street casualties.

249 jobs to go at Peacocks head office

The administrators of Peacocks have made 249 head office staff redundant in the first job losses since the clothing retailer collapsed.

Debt-laden Peacocks chain goes into administration

Peacocks, the debt-laden discount fashion chain, collapsed into administration yesterday, leaving about 9,600 jobs hanging by a thread in the retail sector's biggest failure since Woolworths in 2008.

Peacocks calls in the administrators as rescue fails

Peacocks, the debt-laden discount fashion chain, collapsed into administration yesterday, leaving about 9,600 jobs hanging by a thread in the retail sector's biggest failure since Woolworths in 2008.

Jobs at risk as Peacocks placed into administration

Clothing chain Peacocks fell into administration tonight - putting some 9,600 jobs at risk.

Olympus inquiry clears its auditors of cover-up

An internal inquiry by camera maker Olympus has cleared its auditors, Ernst & Young (E&Y) and KPMG, of any wrongdoing, despite their utter failure to spot a $1.7bn (£1.1bn) fraud at the heart of the company.

La Senza Lingerie chain was placed in administration last week. It was sold to Alshaya of Kuwait, but some 1,300 jobs were lost

The high street is hell – but the insolvency trade's booming

Peacocks is latest to hit trouble, putting 11,000 jobs at risk – and keeping administrators busy

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