By Emily Hawkins
Made.com has announced the appointment of administrators after cash-strapped consumers have pulled back on big ticket spending.
The London-listed furniture firm said on Tuesday that it’s board has resolved to file notice of an intention to appoint administrators at PricewaterhouseCoopers (PWC).
The company had been seeking out rescue cash but interested suitors were unable to meet a necessary timetable to save the business.
The company’s shares were suspended from trading on the London Stock Exchange’s Main Market on Tuesday morning.
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