Birmingham newspapers collapsed owing £343,000

THE publishing company behind the now defunct Birmingham Press collapsed owing £343,186, including £145,000 to its founder and director Chris Bullivant.

Liquidators Begbies Traynor have written to all creditors, a list which includes journalists, solicitors Irwin Mitchell and Lloyds TSB, detailing to the penny the money owed by Mr Bullivant and CJB Media, the company he founded to launch The Birmingham Press in April.

Mr Bullivant invested £145,000 as a director's loan, while his other company Bullivant Me... For the full story register now for free or login below...