Trouble At Mill

Leeds firm on verge of administration:

LEEDS textile retailer Chiltern Mills looks likely to be the latest casualty of the recession gripping Britain.

Bosses at the firm – which has seven outlets across the UK – yesterday posted a notice in the High Court in Leeds that it was their intention to place the company in administration…

Bosses hope they can find a buyer before the administration comes into force in the next week to 10 days.

If the firm can be sold as a going concern it could potentially safeguard up to 150 jobs.

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