According to both The Guardian and
Scotsman, the retailer’s bankers, HSBC called in the firm after
Leicester-based company warned last month that debt would swell to £52m.
Jessops has been hit by cheaper prices for digital cameras, which have put
pressure on sales and margins.
Richard Crump discusses the latest accountancy news, including BDO's new managing partner, the crisis at BHS and Accountex.
The fast-track move is a bold departure from the norm, as a probe would normally only begin several months after administrators had finished their own enquiries
Head of Editorial Kevin Reed looks at the week's news, including the BHS and Austin Reed administration, Accountex and much more.
MPs launch probe into the sale of BHS that will look at role of auditors and accountancy firms in sale process