Deloitte: 'We continue to work hard to preserve jobs'

Neville Kahn, from joint administrator of Comet, Deloitte said: "We are in discussions with a number of parties who have expressed interest in parts of the business and we continue to work hard to preserve jobs."

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3000 Comet job losses expected

Administrators for the electrical retail chain Comet has announced 125 store closures, which is expected to trigger around 3,000 job losses. Around 330 jobs have been gone today.