Rangers have posted a loss of £7m for the last seven months of 2012.

C&C IS rumoured to be in the early planning stages concerning the partial sale of its non-core spirits and liqueurs division, in a move which could free up funding for a bid for another significant acquisition in Britain sometime next year.

CORK-based drinks distribution firm Barry & Fitzwilliam saw pre-tax profit rise 6% to €3.4 million last year but it said 2009 is proving much tougher.

CORK drink distribution firm Barry & Fitzwilliam is planning an expansion into the North.