Barratts and Priceless goes into administration

News of British companies going into administration shows no sign of abating any time soon. Another victim of the global credit crunch is Barratts and Priceless, which are part of the Stylo Group have also gone into administration.

According to BBC News, the shops will carry on trading as normal whilst the creditors accept a repayment proposal put forward by the directors. Both Barratts and Priceless websites were still running at the time of writing.

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