Deathwatch: Jessops heading into administration
Word is reaching us that ailing photographic retailer Jessops is about to go into administration. Basically, when Robert Peston tweets about something, it's definitely happening.
As you can see, 198 stores will be affected with 2,000 staff left wondering how much longer they'll have a job for. The chain has already been slimmed down with scores of store closures over the past few years, and it remains to be seen what the outcome of the administration move will be.