DanRussell commented Job losses as Courtaulds goes into administration

Staff at Courtaulds Factory Shop in Nottingham have been told the business has gone in to administration. The shop inHaydn Road sells goods including Pretty Polly tights, which have been worn by US pop stars Beyonce and Katy Perry. In total, 350 of the 380 people employed across the business will be made redundant. It is understood that the workforce was told the news at a staff meeting that was held at the company's factory in Belper on Wednesday afternoon. Dilip Dattani and Patrick...