UK construction firm plunges into liquidation – founded in 1863 | UK | News

All 23 workers have lost their jobs after a Dundee construction firm founded in 1863 collapsed into liquidation. Alexander Oastler Ltd, a joinery specialist, had experienced challenging trading conditions “exacerbated by rising input costs and lower levels of housebuilding activity”, according to liquidators Interpath. Directors had attempted to stabilise the business through “various steps” as…

StreamView’s Google TV Ambitions Falter, Bankruptcy Threatens Thomson’s Chromecast Challenger

StreamView’s position in the Google TV market has become increasingly uncertain after reports said the company behind Thomson-branded devices has filed for insolvency. The development puts both the business itself and one of Europe’s more visible alternative streaming-device lineups under severe pressure. The bankruptcy filing was first reported by AV Caesar and later confirmed by…