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.
More top news
The Birmingham singer's dream ended when she lost out to girl group Four of Diamonds in Sunday's sing-off.
"Street cruising in the city has escalated recently posing a real threat to innocent, law-abiding motorists and pedestrians."
It will be a grey start to Monday with patchy rain and drizzle moving in from the south.