Thousands of PlayStation 5 orders may be at risk following the announcement that retailer Studio is to call in administrators.
Studio Retail announced this week that they will hire administrators after failing to secure a £25million rescue loan. The company is partly owned by Mike Ashley and has suspended shares on the London Stock Exchange as well as filing for a notice of intention to appoint administrators.
Thousands of jobs are at risk and Studio is also warning that there will be potential delays to outstanding orders for customers.
Concerns are being raised for the future of many worker's careers as well as a potential loss in money for customers across the UK.
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