Administrators expected to confirm liquidation later today

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Brighton-based credit hire firm Elite Incident Management is understood to have ceased trading with immediate affect.

According to a report on the Auto Body Professional Club website, trading stopped on Friday 7 December.

Jeremy Knight & Co is overseeing the liquidation and is expected to make an announcement later today.

Earlier today, Insurance Times reported that another credit hire firm, Drive Assist, had fallen into administration, making 259 staff redundant.