The Guardian reports:
House of Fraser is appointing administrators, putting more than 17,000 jobs at risk, after attempts to agree a rescue deal failed.
The department store chain said talks with its investors and creditors had “not concluded in a solvent solution”. The administration is due to be arranged at a court hearing early on Friday morning.I do not know if youngsters today maintain the tradition, but 50 years ago the Binns corner was where, by appointment, a young man met his inamorata for the evening.
Been there. done that, but no t-shirts in those days ...
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