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More than 3,000 jobs go at Peacocks
Rachael Singh Hedge Funds Review  KPMG ADMINISTRATORS have closed more than 200 stores at collapsed retailer Peacocks, resulting in 3,100 redundancies. The fashion house appointed KPMG partners Richard Fleming, Chris Laverty, Ed Boyle and Joff Pope earlier this year. At the time of its collapse Peacocks had a portfolio of about 611 stores and 49 concessions across the UK and Ireland - employing about 9,600 staff. Today the administrators have confirmed that 224 stores...  
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Future ticket sales paid Rangers' debt say administrators
Rachael Singh Hedge Funds Review  DUFF & PHELPS, administrators to Rangers Football Club, have said a ticket deal was used to pay off bank debts at the collapsed business. Paul Clark and David Whitehouse, both partners at Duff & Phelps, were appointed to the club on Valentine's day. Whitehouse confirmed that since their appointment widespread concern has been raised by the fans on the agreement with the club and ticket company Ticketus. It is...  
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Entrepreneurs uninterested in overseas expansion
Kevin Reed Hedge Funds Review  ONLY ONE in three entrepreneurs is looking to expand overseas in 2012. A survey by RSM Tenon of more than 300 entrepreneurs, chief executives and shareholders found that two-thirds of respondents are looking to grow their business by more than 10%. However, only 31% said expansion into new geographic markets would be a priority for 2012. Of those looking overseas for growth, four out of five said they would look to...  
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