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Comet failure threatens jobs

AS many as 700 Scottish jobs are under threat after electricals chain Comet became the latest high street casualty of the economic downturn.

GIONG UNDER: Comet faced stiff competition for electrical rivals.
GIONG UNDER: Comet faced stiff competition for electrical rivals.

The store, which has 34 branches north of the Border, is to be placed into administration next week.

It joins a long list of other major high street stores to go under during the economic downturn and as a result of increased competition from the internet for similar products.

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