A chocolate maker in business for 40 years is just one of a few companies in administration now (Image: Getty)
A chocolate maker, a bike manufacturer and a vape giant are just some of the companies which have plunged into administration over the past few days. Businesses all over the country, from construction to hospitality, have cited soaring operational costs, including energy and materials, as reasons for calling in help.
Many have appointed administrators to help save all or part of their business. This often mean stores and sites close down or undergo restructuring, resulting in staff being let go. However, it doesn’t always mean a full shutdown. Here’s all the latest administration news you need to know.
Read more: UK’s vape giant…