BREAKING: Debenhams enters administration - latest update on store closures revealed
has"fallen into the hands of lenders" according to the BBC. Business Correspondent for BBC Radio 5Live, Danni Hewson, wrote on Twitter:"#Debenhams say the relationships with suppliers, employees, pension holders and customers will not be adversely affected. Stores will continue to trade as normal. This is a “pre-pack” administration which basically means its lenders are now in the driving seat.
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