Ashcroft Partnership LLP has been launched as the successor business to the Cambridge office of BKL, following a demerger. Focused on business and tax advice, corporate finance and private client services, the 40-strong team in the office have transferred over to Ashcroft following the partner buy-out.

Garden Fresh Restaurants, the owner of buffet-centric chains Souplantation and Sweet Tomatoes, has filed for Chapter 7 bankruptcy protection as the company opts to liquidate its assets and close its doors for good.