With insufficient funds raised from the winding down of electrical chain Comet, it will fall to the Government's Redundancy Payments Service to meet £23.2 million of outstanding redundancy pay, accrued holiday pay and pay in lieu of notice.
According to a new Deloitte report, the chain racked up losses of £95 million in the year to April, having seen revenues slump by £200 million on a year earlier.
This was followed by a further £31 million loss in the subsequent five months as credit insurers lost confidence and withdrew support for the business.
More top news
Tonight a band of cloud and rain will spread into Scotland and Northern Ireland.
Greenpeace has obtained leaked documents which reveal how much the US has been pushing the EU on the TTIP trade agreement.
Appeals court clears the way for case against U.S. Army Sergeant and former Taliban prisoner Bowe Bergdahl to resume.