MFI staff await job loss news

More than 1,000 people will face the threat of job losses today after British furniture chain MFI confirmed it had called in administrators.

MFI staff await job loss news
Thu, 27 Nov, 2008 - 06:58

More than 1,000 people will face the threat of job losses today after British furniture chain MFI confirmed it had called in administrators.

Hit by falling demand for “big ticket” goods, it blamed the accelerated downturn in the property market and “severe cash flow pressure” for the administration.

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