More than 3,000 jobs are expected to be saved by a deal to rescue part of struggling retailer Game Group by a turn-around investment firm in a boost for the high street.

Gaming specialist Game officially went into administration yesterday, leading to the loss of 125 jobs in 14 stores here.

Nearly 6,000 staff at Game Group are facing an uncertain future after the struggling video games retailer collapsed into administration.

Fears for the future of retailer Game intensified today after its shares were suspended and it admitted the business has no value.

The future of struggling retailer Game was looking less bleak tonight as the group confirmed a third party has shown interest in providing it with extra support.

Retailer Game admitted it is in danger of collapse today after several suppliers refused to provide it with new products.

Embattled computer games retailer Game has put itself up for sale in a last-ditch bid to stave off financial collapse.

Video games retailer Game warned today that it is set to breach a banking agreement after a dismal Christmas capped an “incredibly tough” year for the industry.

PC and video game retailer Game Group said today that trading remained in line with the board’s expectations.

Computer games retailer Game reported a slowdown in sales growth today, but said spending by its customers remained “relatively resilient”.

A rare note of cheer emerged from the retail sector today after computer games retailer Game raised sales forecasts and delivered record profits.

Surging demand for the latest blockbuster video games and consoles has so far belied the squeals of pain from other retailers facing up to a high street squeeze.

Computer games retailer Game posted record profits today as it said an “unprecedented range of popular products” had boosted prospects.

Video game retailer Game Group saw shares in the UK tumble as much as 14% today after a sell-off by the company’s two most senior directors.

Demand for Nintendo games and consoles set Game Group among the Christmas high street winners today but the retailer also warned of slower growth this year.

Strong demand for Nintendo video game products caused sales figures to surge at retailer Game Group today.

London’s leading share index dipped into the red today after a day of heightened volatility following the Bank of England’s move to cut interest rates.

Housebuilding and retail shares jumped today amid growing signs that the Bank of England will cut interest rates tomorrow.

Computer games retailer Game returned to profit today as it geared up for the Christmas trading season with an upbeat set of half-year results.

The FTSE 100 Index fell by 2.5% today as fears over the crunch in credit markets continued to hound investors worldwide.

The FTSE 100 Index made strong gains as London investors followed the lead of counterparts on Wall Street today.

Video rental chain Blockbuster was today nursing steep second-quarter losses, as it complained that Hollywood was producing more misses than hits.