Issue 2012 December 18th

This issue was created on 2012-12-18 11:04:00

  • Consumer electricals in decline as Comet collapsesDecember 18, 2012
Collapsed UK consumer electricals firm Comet is to close its remaining stores today as administrator Deloitte revealed that its unsecured creditors are owed £232.9m. Business Secretary Vince Cable has also launched an investigation into the demise of the chain. Circumstances of the purchase of Comet by Opcapita in February of this year are also being investigated, according to some reports.
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