Collapse: Fashion chain Quiz called in administrators before its founding Ramzan family bought back 42 shops - saving around 1,300 jobs.
Fashion chain Quiz has crashed into administration with the closure of 23 stores and the loss of almost 200 jobs amid fears of a High Street bloodbath after the Budget.
The clothing retailer called in administrators yesterday before its founding Ramzan family bought back 42 shops, saving around 1,300 jobs.
A third of small firms plan to axe staff amid fears that Angela Rayner’s overhaul of workers’ rights will ‘wreak havoc’, the Federation of Small Businesses (FSB) warned this week.
WH Smith last month announced plans to sell its business, which employs 5,000 people, and grocers Sainsbury’s and Morrisons said they would axe 3,000 and 200 roles respectively.
