Bell Pottinger goes into administration

Building that houses the headquarters of Bell Pottinger in London.Bell Pottinger, the PR company, has been put into administration after a client exodus and increasing losses in the wake of the scandal over its campaign to stir up racial tensions in South Africa.Administrators BDO, who had unsuccessfully sought a buyer in a fire-sale of the embattled company, said it has made a number of the 250 staff redundant as it seeks to recoup losses to pay off bank debt.