A HAMPSHIRE bus company is back in business just two days after entering administration.

Black Velvet Travel is running services as normal this morning despite announcing it had ceased trading on Wednesday.

As reported by the Daily Echo, a last-gasp bid to save the company was launched last night by an unnamed company which appears to have succeeded.

And in a message issued on its Twitter account, Velvet said: “We have new owners and we're back on the road!”

The A, B4, S1 and S2 services are all running as normal today.