Owner of bikemaker Raleigh files for insolvency
The company behind Nottinghamshire-based bikemaker Raleigh, which was founded 139 years ago, has filed to appoint administrators. Accell UK and Ireland, part of Netherlands-based Accell Group, filed a notice of intention to appoint administrators as the wider group kickstarted insolvency proceedings. The boss of Accell said it was a “deeply sad and frustrating situation” and…

