What's going to happen to the new Peacocks store in Keynsham now the firm has gone into administration?

No firm news on the future of the Keynsham store yet, Peacocks said it had run out of options after trying and failing to restructure its £600m debt.

The company has got 10 days to put together a rescue deal and intends to appoint administrators to stop creditors pursuing them through the courts during that time.

The board of Peacocks is in discussion with potential investors, so we can only hope that these discussions are successful, the store can carry on trading and people won't lose their jobs.