Victoria shuts down

Victoria Printing Company in London has ceased trading with the loss of 15 jobs after being placed into administrative receivership with BDO Stoy Hayward.

A spokeswoman for BDO Stoy Hayward said the firm experienced a loss of trade and cashflow problems.

A winding-up petition from Panther Paper had been scheduled to be heard on 28 July, but the companys bank, which holds a charge, called in the administrative receivers.