Restructuring specialist Hilco UK has bought HMV's debt, raising hopes for the salvation of the high street music retailer.
KPMG has slashed 275 staff as part of its latest restructuring exercise in an attempt to streamline the business.
KPMG has told its UK staff that up to 3% of roles, equating to more than 300 positions, will be “at risk” as part of a review across the entire business.
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