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High Street Failure Creditors Owed £2 Billion according to report


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Hi

 

Article on High Street Creditors

 

http://www.bbc.co.uk/news/business-23098620

 

A couple of paragraphs below that made me smile when you think about some other comments and quotes you read, I am quite sure some of you get what I mean:)

 

"Administrators earned £33m from the failures, with some charging up to £950 an hour. Only £14m went to unsecured creditors"

 

"It seems that the only winners from the ongoing carnage in the High Street are banks, the insolvency practitioners and their many advisers," he said.

 

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