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Barratts administration 'could mean redundancies'

Barratts Shoes has gone into administration for the third time in four years.

A statement said the administration was caused by an investor pulling out of a £5 million plan last week. Credit: PA

A statement from the administrators said: "At this stage redundancies and/or store closures cannot be ruled out."

Barratts Shoes operates from 75 stores across the UK and Ireland, employing 1,035 people, of whom 521 are part time.