A sad end to one of Britain’s most famous electrical stores reaches its final chapter today. After 79 years Comet will close for good.
From the BBC:
“Of the 236 stores the firm presided over when it went into administration last month, only 49 are still open.
On Monday, administrators Deloitte said unsecured creditors would get back less than 1% of the money owed to them.
The chain's collapse will also cost the government £49.4m in redundancy payments and foregone tax revenues.
The redundancy money owed to thousands of former Comet workers totals £23.2m and will be paid by the government's Redundancy Payments Service (RPS).”
Read more here: http://www.bbc.co.uk/news/business-20765983
No comments:
Post a Comment