Convenience store chain McColl’s falls into administration putting 16,000 jobs at risk – business live

The chain said discussions with lenders collapsed on Friday as creditors refused to extend a deadline for the retailer to find more cash

Here’s a video clip of Conservative Chairman Oliver Dowden denying the UK faces an economic horror story (see earlier post).

Airline group IAG are the top faller in London, down 8%, after scaling back its expansion plans after the chaos at UK airports over Easter.

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Source: theguardian
Convenience store chain McColl’s falls into administration putting 16,000 jobs at risk – business live