Green shoots?

[doodab]

BBC News - High Street failure creditors owed £2bn - report

Perhaps if they didn't insist on selling only cheap tulipe I don't want I'd consider going shopping. I was in TCR & Covent Garden & around last weekend and even central London isn't what it used to be...

[vetran]

HMV, Comet and Blockbuster were just some of the household names that fell into administration during this period.

Banks and other secured lenders got at least £365m and about £123m was spent on fees and other bills.

Administrators earned £33m from the failures, with some charging up to £950 an hour. Only £14m went to unsecured creditors.

surprising enough an awful lot went to the administrators, now how the hell do you spend that much if the company has decent accounts?

how did they fail? too pricey, too lazy.

[amcdonald]

I worked at an administrators when I was younger, I don't know if they're all at it, but this one had other companies that seemed just to exist to buy assets from the insolvent companies

[vetran]

I worked at an administrators when I was younger, I don't know if they're all at it, but this one had other companies that seemed just to exist to buy assets from the insolvent companies

I suspect the SFO would have fun going through some administrators.