An underwear factory championed by retail expert Mary Portas for a Channel 4 documentary has gone into administration.
David Cameron's retail tsar, Mary Portas, has branded a Government delay in business rates revaluation a "tragedy for the high street".
The television presenter said she was "hugely disappointed" that the review had been put back by two years to 2017, according to the Financial Times.
Ms Portas was brought in by the Prime Minister to help breathe life into struggling high streets and spearheaded "Portas pilot" regeneration projects in 27 English towns.
Business leaders are also angered by the Government delay, claiming it means retailers will continue to be taxed on rents from 2008 before the market.
High streets to get extra cash
Another 15 town centres are to be given extra cash for regeneration projects following a review by retail queen Mary Portas, local government minister Grant Shapps said today.
The second wave of "Portas pilots" will entitle the beneficiaries to a share of £1.5 million to help improve their town centres.