{"id":7132,"date":"2014-01-15T08:31:00","date_gmt":"2014-01-15T08:31:00","guid":{"rendered":"http:\/\/amateurphotographer.co.uk\/uncategorized\/jessops-owed-double-amount-feared-before-collapse-7132"},"modified":"2014-09-02T12:44:44","modified_gmt":"2014-09-02T11:44:44","slug":"jessops-owed-double-amount-feared-before-collapse","status":"publish","type":"post","link":"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/","title":{"rendered":"Jessops owed double amount feared before collapse"},"content":{"rendered":"

The total value of unsecured creditor claims has risen to \u00a3114.8m – 135% higher than originally estimated, according to a new report by administrator PricewaterhouseCoopers (PwC). <\/p>\n

PwC had estimated the figure to be less than \u00a350m<\/a> when the chain collapsed in January 2013, closing its 187 stores and shedding 1,500 staff.<\/p>\n

The administrator says unsecured creditors<\/a> are not likely to receive more than 0.2% of what they were owed.<\/p>\n

Jessops bank, HSBC, is expected to receive just \u00a32.67m of almost \u00a330m outstanding. <\/p>\n

The report, published earlier this month by Companies House, also reveals that PwC has racked up fees exceeding \u00a32.5m since it was appointed administrator.<\/p>\n

Jessops has since been taken over by entrepreneur Peter Jones who has so far reopened 28 shops.<\/p>\n","protected":false},"excerpt":{"rendered":"

Jessops\u2019 unsecured creditors, who include customers and suppliers, were owed around \u00a3115m \u2013 more than twice the amount feared when the chain collapsed under former owners a year ago, it has emerged.<\/p>\n","protected":false},"author":324,"featured_media":6474,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[39],"tags":[],"product-category":[],"class_list":["post-7132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-photo-news"],"yoast_head":"\nJessops owed double amount feared before collapse - Amateur Photographer<\/title>\n<meta name=\"description\" content=\"Jessops\u2019 unsecured creditors, who include customers and suppliers, were owed around \u00a3115m \u2013 more than twice the amount feared when the chain collapsed under former owners a year ago, it has emerged.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jessops owed double amount feared before collapse\" \/>\n<meta property=\"og:description\" content=\"Jessops\u2019 unsecured creditors, who include customers and suppliers, were owed around \u00a3115m \u2013 more than twice the amount feared when the chain collapsed under former owners a year ago, it has emerged.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/\" \/>\n<meta property=\"og:site_name\" content=\"Amateur Photographer\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/www.facebook.com\/Amateur.photographer.magazine\" \/>\n<meta property=\"article:published_time\" content=\"2014-01-15T08:31:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2014-09-02T11:44:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/other.kelsey.host\/amateurphotographer\/wp-content\/uploads\/sites\/16\/2014\/03\/jessop_new_ox_street_feb_2013altweb.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"390\" \/>\n\t<meta property=\"og:image:height\" content=\"261\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Megan Graye\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:site\" content=\"@AP_Magazine\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Megan Graye\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/\"},\"author\":{\"name\":\"Megan Graye\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/#\/schema\/person\/09a37c0ec6db00d983eb2045e99ff2f1\"},\"headline\":\"Jessops owed double amount feared before collapse\",\"datePublished\":\"2014-01-15T08:31:00+00:00\",\"dateModified\":\"2014-09-02T11:44:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/\"},\"wordCount\":124,\"commentCount\":1,\"image\":{\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/other.kelsey.host\/amateurphotographer\/wp-content\/uploads\/sites\/16\/2014\/03\/jessop_new_ox_street_feb_2013altweb.jpg\",\"articleSection\":[\"Latest news\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/\",\"url\":\"https:\/\/other.kelsey.host\/amateurphotographer\/latest\/photo-news\/jessops-owed-double-amount-feared-before-collapse\/\",\"name\":\"Jessops owed double amount feared before collapse - 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