Plymouth business week in brief
THE company which owns a huge block of Plymouth city centre student flats has gone into administration.
The Opal Group was last night placed in the hands of administrators at financial services firm KPMG, which vowed to minimise disruption for tenants.
The group contains nine companies, one of which is Opal St Georges Limited, which runs the enormous Opal Villas block, in Notte Street.
David Crawshaw, joint administrator and restructuring partner at KPMG, said: "Opal Group has been unable to sustain its financial commitments in very challenging economic conditions.
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"Our primary aim is to avoid disruption or inconvenience to students and tenants at the sites.
"We are now in the process of detailed analysis of the finances of the business, with a view to stabilising their operations. We will make further updates as the case progresses."
More commercial property news on Pages 6&7
BABICAN pub The Ship has won the Best Fish and Chips Offer award in the National Pub Food Challenge.
Rob Willock, of contest organising trade mag The Publican's Morning Advertiser, praised the venue for its fish "fresh from the harbourside".
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