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Former Comet employees set for payout

Thousands of former Comet workers are in line for a share of a multimillion-pound payout after an employment tribunal ruling relating to the failure to consult them over their redundancies.

Comet founded in Hull in 1933 Credit: Press Association

The collapse of the Hull-based retailer led to 6,889 people being made redundant.

The Needle Partnership, which represented 275 of the more than 2,000 ex-workers involved in the case, said that the tribunal in Leeds had revealed "a number of concerning details" about the background to the administration.

The Insolvency Service has launched a fact-finding inquiry into the collapse.

The tribunal ruling will see £10 million paid out of taxpayer funds, with former members of staff entitled to a maximum of eight weeks' pay worth up to £450 a month.

The collapse of the firm, founded in Hull in 1933, was one of the biggest high street failures since the demise of Woolworths in 2008.