best bulk buy the mr Sheen AndyC

[graham John]

Woolworths enters administration


Woolworths has had a presence on the UK High Street for almost a century


High Street legend Woolworths has buckled under its debt and is set to go into administration, BBC business editor Robert Peston has learned.
The move will put tens of thousands of jobs at its 815 stores under threat. The board of Woolies - one of the UK's oldest store groups - will meet at 1800 GMT to take the formal decision. Deloitte will be appointed as administrators to the store chain and also to Entertainment UK, which supplies DVDs to supermarket groups.





cheeRS

[daytona_2000]

theres some bloody big names going down the pan at the moment , the government are still sticking there head in the sand thinking they will be able to buy there way out of it , but i personally think we are going to be well and truely ****ed for at least the next 5-8 years, and this is just the start of it.

[oldskooljoe]

yes the country is ****ed