Typhoo Tea teeters on the brink of administration
Source: BBC
Getty ImagesTyphoo Tea is set to appoint administrators as the 120-year-old brand's sales slump, losses widen and debts rise.The company has filed a notice at court "which affords the company some breathing space to explore solutions", Typhoo's chief executive Dave McNulty told the BBC.The firm has been trying to turn itself around for some time.However, it suffered a setback after trespassers damaged its former…
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