Carpetright close to collapse with 1,800 jobs at risk

1 month ago 43

BBC 'Breaking' graphicBBC

Carpetright is on the brink of collapse, putting more than 1,800 jobs at risk.

The retailer has filed a notice of intention to appoint administrators while it works to secure extra funding.

Advisory firm PricewaterhouseCoopers (PwC) has been lined up, but not yet appointed, to handle the administration of the company.

Carpetright has 272 stores and these will remain open for now.

This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.

You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on Twitter to get the latest alerts.

Read Entire Article