• McColls of Argyll in administration

McColls of Argyll, which includes a hotel in Argyll and one in Torquay, has gone into administration with BDO.

James Stephen, BDO business restructuring partner, said in a statement: “Unfortunately the economic climate and difficult trading conditions have significantly affected the industry. However, I am hopeful of securing a sale, which would protect these long established businesses as well as preserving jobs.”

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