BrightHouse on brink of collapse - with 2,400 jobs at risk amid coronavirus crisis
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mirror.co.ukRent to own giant BrightHouse is reportedly on the brink of administration - in a move that could cost more than 2,400 workers their jobs.
The company is expected to appoint Grant Thornton, the accountancy firm, as administrator on Monday, after its investors withdrew support for a proposed restructuring, according to Sky News.
A spokesman told Sky News on Friday: "The national response to the COVID-19 pandemic has required us to prioritise the health and wellbeing of our staff and customers, in particular by closing all stores in the last few days. "While we continue to actively engage with our stakeholders, these developments have made the task of finding a future for BrightHouse more challenging." BrightHouse, which provides loans to
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