News roundup—13th February 2009


News roundup—13th February 2009

Freemans Grattan Holdings has confirmed that it is
closing its Bradford call centre. The Telegraph & Argus writes that 800 jobs
will be lost. Last month the cataloguer, whose titles include
Oli and Kaleidoscope, admitted that its turnaround plan would
result in “significant” job losses.

Creditors have rejected shoe retailer Stylo’s
restructuring plan, reports The Times; as a result, the parent company
of Barratts and PriceLess has appointed Deloitte
as its administrator. Stylo had put Barratts and PriceLess into
administration two weeks ago.

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