Retailer Game appoints administrators
5:15pm 21st March 2012
The troubled video games retail chain Game Group is to appoint administrators.
It's reported the company which employs 6,000 people in the UK had been trying to raise 180 million pounds to safeguard its future.
It says rescue talks have not made sufficient progress but will continue to trade as discussions with its banks and other potential funders continue.
Following today’s announcement that Game Group has called in the administrators, Cllr James Alexander said:
“GAME employs over 20 people at its stores in Spurriergate and Monks Cross Shopping Park and I’m obviously concerned about the impact today’s announcement may have on them.
"The council’s Economic Development and Future Prospect’s teams will be working closely with Game Group locally to provide support and advice as required.”
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