ONE of Britain's most prestigious property firms has gone bust with debts of £350 million.

As an intellectual property firm, Microsoft's entire business depends on that asset.

The castle and surrounding lands were sold off to a property firm, the family continuing to live in the castle as tenants.

On the same day, their son Mark left his property firm after working his notice period.

Bank lending to the property market dried up, some property firms have gone bust and land prices have begun to slip.

These are the ones that will be hurt most directly by bankruptcies among property firms and smaller industrial companies, for those are their main clients.

The shorts were again sponsored by Ole International after the Spanish property firm extended the deal for a second year.

They had unlimited access to company cheques and used £109,561 to set up their own property firm.

A flurry of rights issues by property firms has raised around £700m ($1.1 billion) in the past month.

He later founded Acemark, an intellectual property firm.