Carpetright takes step towards collapse with thousands of UK jobs at risk

Business

One of the UK’s biggest floorings retailers is just one step away from a collapse that would place 1,852 jobs at risk.

Cash-strapped Carpetright confirmed it had filed a notice of intention to appoint administrators.

The loss-making firm said in a statement however that it was still working towards a reprieve.

Parent firm Nestware Holdings stated it was trying to “finalise additional investment to secure Carpetright’s long-term future.

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 alerts on a smartphone or tablet via the Sky News App. You can also follow @SkyNews on X or subscribe to our YouTube channel to keep up with the latest news.

Products You May Like

Articles You May Like

Australian gallery’s Picasso exhibit that sparked a gender war wasn’t actually the Spanish painter’s work
Biden’s High-Stakes Moment: Tonight’s NATO News Conference
Hurricane Beryl aftermath: Fort Bend County man accused of pulling gun on CenterPoint employee over power outage frustration
Will This Make Trump More Popular?
Jury to hear opening statements in Alec Baldwin's criminal trial

Leave a Reply

Your email address will not be published. Required fields are marked *