HEALTHSPAN has announced plans to close its warehouse in Guernsey at the end of April.

HEALTHSPAN chairman Derek Coates has warned local business that it must take steps to adapt to the likely loss of low value consignment relief business from the island.

HEALTHSPAN has been taken off the market, it was confirmed yesterday.

UP TO four staff are set to go at Healthspan just one week after the announcement that its potential sale would not threaten local jobs.

HEALTHSPAN boss Derek Coates has confirmed his nutrition business could be sold.

HEALTHSPAN is close to being sold in a £150m. deal, according to national media reports.

HAVING belief, a passion for business and a clear vision of where you want to go with it is the bedrock of running any successful company, according to Healthspan and Blue Islands boss Derek Coates.

ONLINE retailers using the Channel Islands as a base to escape paying VAT on products under £18 could be facing a crackdown, according to a leaked HM Treasury letter.

EXPORTERS met yesterday to discuss how to cope with the 40% increase Guernsey Post said Royal Mail had forced on it.

HEALTH food businesses in the Channel Islands are marketing products with ingredients that are illegal in the UK, it has been claimed.