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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It will be dry this evening and tonight with clear spells and light winds.
Dry with clear spells and light winds overnight, so becoming chilly once again with a rural grass frost possible.
An illegal immigrant has been arrested after he managed to hitch a 200-mile ride to the UK, clinging to the underside of a school coach.