Auctionworld folds with debts of£14m

2004-11-25T08:30:00

Teleshopping channel Auctionworld has gone into administration with debts of around£14m. The station went off air on Friday (19 November) after Ofcom last week ordered it to cough up£450,000 after repeatedly failing to suspend misleading price guides and for poor customer service. Around 300 staff are thought to have lost ...

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