Mr Thomas said the company had "fully explored" a range of alternatives, including selling its operations and transferring its staff to another operator in the area, but these had proved unsuccessful.

BBC: First bus in Glasgow

It proved an commercial and style success as its influence spread to the area of modern cultural arena, with British "Mods" wearing it as a trademark item as they faced up to their "Rocker" rivals.

CNN: Tennis fashion brands serve up a healthy return for players

Despite the weakness of the euro-area economy and talk of the risk of deflation, that target has proved hard to hit.

ECONOMIST: European economies

In 1946, when life out East proved too tenuous, Kael, still having published nothing, moved back to the Bay Area to live with her mother.

NEWYORKER: What She Said

It includes the right of local authorities to suspend the sale of council houses, which proved a sticking point for the UK and assembly governments until power to legislate in this area was transferred to Cardiff Bay in summer 2010 after nearly three years of deliberation.

BBC: Debate on the Proposed Housing (Wales) Measure

The economic announcements out of the euro zone proved inconsequential today with Flash PMI figures for Services and Manufacturing in France, Germany and the entire Euro area coming in right in line with expectations.

FORBES: Portugal's Debt Raise Should Bolster Euro