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Collapsed company behind iconic Island hotel owes over £1m

The company behind a popular Isle of Wight hotel, which entered liquidation last week, owes more than £1 million to creditors. Solent View Hotels LTD (SVH), which runs the George Hotel, Yarmouth initiated insolvency proceedings last week, as previously reported by the County Press. A staff member said the hotel remains open for business. SVH’s director is Howard Spooner who was…

Collapsed firm behind popular Isle of Wight hotel owes over £1 million

Solent View Hotels LTD (SVH), which runs the George Hotel, Yarmouth initiated insolvency proceedings last week, as previously reported by the County Press. A staff member said the hotel remains open for business. SVH’s director is Howard Spooner who was also in charge of Quay Street Ltd (QS), the company previously running the hotel, before it went bust in April 2023. Read more:  At…

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Construction boss gambles away £700,000 in company cash

A Nottinghamshire construction boss has been jailed after fraudulently removing more than £700,000 from four struggling companies to fund his gambling addiction. Wesley Grainger-Smith, 66, was sentenced to two years and four months in prison at Lincoln Crown Court after pleading guilty to five counts of fraudulently removing company property. Between 2014 and 2017, Grainger-Smith…