winding up

Begbies Traynor, which describes itself as the "UK's leading corporate rescue and recovery practice", confirmed the winding-up of Salmond's estate would include considering the value of all assets, including rights of action raised against the Scottish government.

Earlier this month it was revealed that His Majesty's Revenue & Customs was seeking a winding-up petition, with the club owing £1m.

Sheffield Wednesday have filed a notice to be placed into administration after it was revealed His Majesty's Revenue & Customs were set to issue a winding-up petition against the club.

Sheffield Wednesday will "imminently" be served with a winding-up petition over money owed to HMRC, reports BBC Radio Sheffield.

A winding-up petition would increase the pressure on the club's owner Dejphon Chansiri to sell.