The administrators called in to look for potential investors for two firms set up by Leicestershire fitness expert Rosemary Conley have issued the following comment:
The Board has taken a responsible decision - going into early administration creates a restructuring opportunity. Our initial priority is to restructure the business and explore the clear potential for investment. Sadly the process involves some difficult decisions including the need to make a number of employees redundant”.
Six staff are being made redundant at the firm's HQ in Quorn. It's after a slump in magazine sales and debts from the launch of a digital TV channel were revealed.
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Some will see further rain this evening, but the wet weather will gradually clear leaving a drier end to the night. Staying cloudy.
A further band of mostly light rain east across the region. Staying mild.
Early rain this morning, some afternoon brightness, Mild.