There's dismay in the Devon town of Buckfastleigh as Axminster Carpets fights to find a new owner. With administrators waiting to take over, there's huge uncertainty over the 132 jobs there and the hundreds more in Axminster.
One hundred workers now have job security after a buyer was found for Axminster Carpets over the weekend.
The company charged with re-structuring the carpet firm is making 300 staff redundant.
Three-quarters of the workforce at Devon-based historic carpets firm Axminster have been made redundant