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It's being described as the biggest blow to retail since the collapse of Woolworths. Tonight hundreds of people from our region who work for the electrical chain Comet are waiting to hear their fate - after the company announced it's the latest high street firm to go into administration.
The news comes on the day that thousands of youngsters attended a jobs fair at Reading University, trying to get a foot in the door with local firms. But as Kate Bunkall reports - there is a lot of competition.
Around 2,000 students are expected at the University of Reading job fair today. One hundred firms will be offering opportunities to undergraduates including companies in the biopharmacy and bluechip industries.