HMV goes into administration, putting 2,200 jobs at risk

Administrators blame ‘tsunami of challenges’ in retail sector and poor Christmas salesHMV has collapsed into administration for the second time in six years, putting more than 2,200 jobs at risk.The music and film retailer appointed administrators from KPMG after sales slumped over Christmas. Related: Late rally in US shares lifts global stock markets – business live What's the problem? Continue reading...