HMV administration announcement puts Hatfield jobs at risk

22:37 14 January 2013

HMV

HMV

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STAFF in Hatfield face a nervous wait over their jobs after music retailer HMV announced it intends to call in administrators.

The store in The Galleria is one of 239 outlets under threat, and more than 4,300 jobs are at risk.

A statement issued this evening (Monday) said the administrators, when appointed, intend to carry on trading while they seek a purchaser for the business.

Trading in company shares has been suspended on the London Stock Market.

Nick Edwards, Neville Kahn and Rob Harding, partners of Deloitte LLP, are set to be appointed as administrators in a bid to save the firm, which was founded in 1921.

A temporary HMV Pop-Up store, which opened in Welwyn Garden City last month, was already due to close today before this evening’s announcement.

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