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PRODUCT NEWS
Bannatyne finance director arrested – accused of multi-million pound fraud
13 Dec 2014 . BY Liz Terry
Police are investigating a possible fraud at Duncan Bannatyne's Darlington-based business /
Police are investigating a possible fraud at Duncan Bannatyne's Darlington-based business
The Bannatyne Group's director of finance, Christopher Watson, has been arrested by Durham Police on suspicion of fraud. He sits on the company's main board.

Durham Police have made a short statement, saying: "We confirm a 45-year-old man was arrested on suspicion of a multi-million pound fraud on a Darlington-based business and the man has been bailed pending further inquiries.”

A spokesperson for Bannatyne said "We have no comment to make except to say that it does not affect the current operation of our successful business."

Chair of Bannatyne, Duncan Bannatyne, has grown the business from small beginnings into a huge multi-site operator with businesses encompassing health and fitness, hotels, spa and wellness and conference facilities.

Bannatyne also opened Casa Bannatyne, an orphanage for HIV positive children in Romania in 2004, having seen first-hand the desperate situation following the downfall of dictator Nicolae Ceausescu.

He's on record as saying the Bannatyne's Health Clubs business had a tough time during the recession and earlier this year it entered into a £92m sale and leaseback deal with M&G Investments on the ground leases of 39 of its 48 clubs.

The company had previously been grappling with the repayment of a £180m loan from the failed Anglo Irish Bank, which was nationalised by the Irish government in 2009, and the deal helped clear those loans.

PRODUCT NEWS
Full Balance reveals all-natural reflexology board
Austrian-based Full Balance has created a Big Foot massage board for communal spa areas which guests stand on to "closely mimic the experience of professional reflexology treatments".
Scottish spa industry to gather at first-ever Spa Life Scotland event
Industry event organisation Spa Life is gearing up for the first-ever Spa Life Scotland Convention, due to be hosted at the Radisson Blu Hotel in Glasgow from 28-30 April.
We Work Well organises annual pre-ISPA charity hike in Scottsdale
We Work Well founders Monica Helmstetter and Lucy Hugo have called on ISPA members to join their annual SpasPushingLimits charity hike in Phoenix, Arizona, on 22 April.
MyEquilibria combines art and outdoor exercise
"We summarise what we do in two words – functional art," says Gian Luca Innocenzi, CEO and founder of MyEquilibria, which specialises in high-end outdoor exercise equipment.
Sothys launches pro-ageing Sun Range
French spa brand Sothys has developed the Sun Range to protect the skin against sun damage.
Bioline Jatò unveils revamped Primaluce Exfo&White line and facial
Bioline Jatò has reformulated its Primaluce Exfo&White skincare line, 30 years after it first launched.
Gaia Skincare expands presence in UK and Europe with four new spa accounts
Spa and wellness brand, Gaia Skincare, has announced it’s collaborating with another four spa partners in the UK and Europe.
Immunocologie strikes up partnership with Satteva Wellness Group
NYC-based lifestyle, spa and skin science brand Immunocologie Skincare has embarked on a strategic collaboration with Satteva Wellness Group, marking its foray into the Latin American market.
Myndstream partners with SleepScore Labs to reveal hidden power of spa treatments in improving sleep
Global wellness music provider Myndstream has released the second episode of its new educational content series Mastermynds, in partnership with Universal Companies.
Art of Cryo's 12-person cryochamber breaks four world records
Cryotherapy supplier Art of Cryo has created a new 12-person walkthrough cryotherapy chamber at Cryo Center Coolzone Madeira, claimed to be the largest cold therapy treatment experience in the world.
Book4Time unveils enhanced day and resort pass functionality
Book4Time has announced the launch of Day & Resort Passes on its award-winning platform to help hotels and resorts drive staycation business.
Living Earth Crafts refreshes market-leading Century City bed
Living Earth Crafts (LEC) has re-launched its best-selling multipurpose spa treatment table the Century City™, redesigned to include both the ultra-luxurious Strata Cloudfill™ replaceable SpaMattress™ and the only Thermasoft™ Dual-Zone Embedded Table Warmer on the market.
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Yon-Ka offers a comprehensive range of expert face and body treatments to meet all your clients’ ne [more...]
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22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,
23-25 Apr 2024

ISPA Conference 2024

Phoenix Convention Center, Phoenix, United States
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Uniting the world of spa & wellness
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News   Products   Magazine   Subscribe
PRODUCT NEWS
Bannatyne finance director arrested – accused of multi-million pound fraud
13 Dec 2014 . BY Liz Terry
Police are investigating a possible fraud at Duncan Bannatyne's Darlington-based business
The Bannatyne Group's director of finance, Christopher Watson, has been arrested by Durham Police on suspicion of fraud. He sits on the company's main board.

Durham Police have made a short statement, saying: "We confirm a 45-year-old man was arrested on suspicion of a multi-million pound fraud on a Darlington-based business and the man has been bailed pending further inquiries.”

A spokesperson for Bannatyne said "We have no comment to make except to say that it does not affect the current operation of our successful business."

Chair of Bannatyne, Duncan Bannatyne, has grown the business from small beginnings into a huge multi-site operator with businesses encompassing health and fitness, hotels, spa and wellness and conference facilities.

Bannatyne also opened Casa Bannatyne, an orphanage for HIV positive children in Romania in 2004, having seen first-hand the desperate situation following the downfall of dictator Nicolae Ceausescu.

He's on record as saying the Bannatyne's Health Clubs business had a tough time during the recession and earlier this year it entered into a £92m sale and leaseback deal with M&G Investments on the ground leases of 39 of its 48 clubs.

The company had previously been grappling with the repayment of a £180m loan from the failed Anglo Irish Bank, which was nationalised by the Irish government in 2009, and the deal helped clear those loans.

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PRODUCT NEWS
Full Balance reveals all-natural reflexology board
Austrian-based Full Balance has created a Big Foot massage board for communal spa areas which guests stand on to "closely mimic the experience of professional reflexology treatments".
Scottish spa industry to gather at first-ever Spa Life Scotland event
Industry event organisation Spa Life is gearing up for the first-ever Spa Life Scotland Convention, due to be hosted at the Radisson Blu Hotel in Glasgow from 28-30 April.
We Work Well organises annual pre-ISPA charity hike in Scottsdale
We Work Well founders Monica Helmstetter and Lucy Hugo have called on ISPA members to join their annual SpasPushingLimits charity hike in Phoenix, Arizona, on 22 April.
MyEquilibria combines art and outdoor exercise
"We summarise what we do in two words – functional art," says Gian Luca Innocenzi, CEO and founder of MyEquilibria, which specialises in high-end outdoor exercise equipment.
Sothys launches pro-ageing Sun Range
French spa brand Sothys has developed the Sun Range to protect the skin against sun damage.
Bioline Jatò unveils revamped Primaluce Exfo&White line and facial
Bioline Jatò has reformulated its Primaluce Exfo&White skincare line, 30 years after it first launched.
Gaia Skincare expands presence in UK and Europe with four new spa accounts
Spa and wellness brand, Gaia Skincare, has announced it’s collaborating with another four spa partners in the UK and Europe.
Immunocologie strikes up partnership with Satteva Wellness Group
NYC-based lifestyle, spa and skin science brand Immunocologie Skincare has embarked on a strategic collaboration with Satteva Wellness Group, marking its foray into the Latin American market.
Myndstream partners with SleepScore Labs to reveal hidden power of spa treatments in improving sleep
Global wellness music provider Myndstream has released the second episode of its new educational content series Mastermynds, in partnership with Universal Companies.
Book4Time unveils enhanced day and resort pass functionality
Book4Time has announced the launch of Day & Resort Passes on its award-winning platform to help hotels and resorts drive staycation business.
Phytomer unveils showerless Body Reflex scrub and wrap ritual
French marine skincare and spa brand Phytomer has rolled out a new 60-minute body treatment targeting the abdomen, buttocks and thighs.
Halekulani introduces luxury poolside Knesko facemask service
Premium hotel and spa destination Halekulani in Honolulu, Hawaii, has launched a poolside facemask service for its guests, powered by luxury skincare and spa brand Knesko.
+ More products   
 
COMPANY PROFILES
Yon-Ka

Yon-Ka offers a comprehensive range of expert face and body treatments to meet all your clients’ ne [more...]
+ More profiles  
CATALOGUE GALLERY
+ More catalogues  

DIRECTORY
+ More directory  
DIARY

 

22-24 Apr 2024

UK Aufguss Championships

Galgorm Resort, York,
23-25 Apr 2024

ISPA Conference 2024

Phoenix Convention Center, Phoenix, United States
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
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LEISURE MEDIA PRODUCT SEARCH
PRINT SUBSCRIPTIONS
FREE DIGITAL SUBSCRIPTIONS