FULL REPORT: Job fears at Axminster Carpets

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.

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Axminster Carpets rescue deal

A rescue deal has been done to save Axminster Carpets from collapse. A consortium, including Centric Commercial Finance Ltd and led by private investor Stephen Boyd, has taken over the business from administrators.