Staff at axed British catalogue business Index will today discover if their jobs are likely to be among 3,200 to be cut by the chain’s owner Littlewoods.

More than 620 employees at the Gadget Shop were braced for redundancy today after the retailer lost its fight for survival.

More than 600 UK jobs were at risk today after the owner of the Eisenegger discount clothing chain became the latest retailer to collapse this year.

UK high street retailer The Gadget Shop was today reported to be on the brink of administration following a boardroom dispute.