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Homebase rescued from collapse, at the cost of 1,500 jobs
Creditors approve CVA that entails 42 branch closures and landlords taking 90% rent cutsDIY chain Homebase is to cut 1,500 jobs as part of a rescue deal designed to save the company from looming bankruptcy and give it breathing space to recover from the disastrous stewardship of its previous owners.Creditors Read more…