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.

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