Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Tech
      • Banking
      • FTSE 100 Live
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Halkin
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      Why investors will be keeping a close eye on rugby’s Nations Championship

      GettyImages 2247278074 features a professional meeting with diverse business executives discussing corporate strategy in a...

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      Why investors will be keeping a close eye on rugby’s Nations Championship

      GettyImages 2247278074 features a professional meeting with diverse business executives discussing corporate strategy in a...

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • Travel
      • Culture
      • Motoring
      • Wellness
      • City AM Puzzles
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Inside City’s latest Irish pub: London’s poshest Guinness served here

      Exterior view of Horsemen Fitzgeralds, the newly opened Irish bar in London, showcasing traditional decor and signage

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Events
  • Newsletters
  • Latest Paper
  • ISA Guide

Tapi

  • Carpetright owed almost £350m when it collapsed into administration

    Retail

    Carpetright owed almost £350m when it collapsed into administration with the loss of more than 1,500 jobs before being rescued, it has been revealed. The Essex-headquartered carpet and tiling retailer was acquired by rival Tapi in July in a move that saved the jobs of more than 300 people and 54 stores. At the time [...]

    Carpetright owed almost £350m when it collapsed. (Photo by Dan Kitwood/Getty Images)
  • Carpetright: Rival Tapi rescues brand out of administration as 1,500 jobs lost

    Retail

    Carpetright has been rescued out of administration but more than 1,500 jobs have been lost, it has been confirmed.

    Carpetright was recently sold out of administration.

Trending Articles

  • KPMG scraps Summer early Friday finish for staff

  • Tottenham Hotspur: Daniel Levy sells majority of shares in Spurs owner ENIC

  • London house prices fall as Bank of England rate hikes loom over mortgage market 

  • Martin Sorrell calls WPP ‘catatonic’ as Goldman slaps sell rating on its own client

  • Why can the Faroe Islands build faster than Britain?

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City Winners
  • The Punter
  • Casino
  • City AM Puzzles

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Licensing
Copyright 2026 City AM Limited