Comet administration cost £15m in fees

The cost of winding up High Street electrical retailer Comet will be £15m, according to administrators at Deloitte.

The Big Four firm said they were charging the “accepted rate” for this kind of administration, with Deloitte’s fees coming in at £8m for work between November and the end of February.

A Deloitte spokesperson said...

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Comments

Comet Administration

thegable | | Permalink

£15M - obscene - no wonder accountants are becoming more like bankers as regards public perception.

Tom 7000's picture

£15m

Tom 7000 | | Permalink

Not enough. those boys worked really hard...