The list of companies forced into administration or going to the government with a begging bowl continues.

Today it has been announced in the news Jaguar and Landrover have gone to the government for a bailout to save its 15,000 jobs.

At the same time Savills, the upmarket estate agent, has give a sever profit warning.

Royal Worcester has been forced into administration.

Yesterday the fate of Woolworth’s was decided with an announcement that the high street giant would be closing the doors of its stores by the 5th of January.

Unfortunately this is likely to continue with more institutional companies closing their doors over the coming months.

Cheers,

BB