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Re: House of Fraser in trouble...
Quote:
Quote from The Sun: Rent-to-own firm BrightHouse is on the brink of collapse putting 2,400 jobs at risk.
The high-cost credit firm will file for administration on Monday, reports Sky News, and will appoint accountancy firm Grant Thornton as administrators.
The firm had been struggling to stay afloat due to a surge in compensation claims over irresponsible lending.
But now investors have withdrawn support for a proposed restructuring plan amid the coronavirus crisis.
BrightHouse has had to shut up shop in line with new government rules to stop the spread of COVID-19 and protect the "health and wellbeing of our staff and customers".
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Not sure how many will weep for the loss of this rip off company.
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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