Links of London latest high st casualty as jewellery firm hits administration

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Links of London has gone into administration

JEWELLERY store Links of London has become the latest high street retailer to plunge into administration.

Deloitte said the retailer has struggled to cope with "difficult trading conditions" which have weighed on a number of other UK high street chains. Administrators said that "in light of ongoing cash flow pressures", the firm's directors were left with "no choice" but to place it into administration. Links, which was founded in 1990, saw sales slide 12% to £42.9 million and plunged to a £20.5 million pre-tax loss in its most recently filed accounts for the year to December 2017.PENSION BOOSTPoundstretcher is selling body length hot water bottles for £18 less than ArgosFEELING TOASTYPeople 'pushed to use dangerous painkillers' by disability benefit assessments

 

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