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City Link owner defends handling of firm's administration

Jon Moulton, the founder of the company which owned collapsed UK parcels firm City Link, said its administration was handled in the best way possible.

News of the collapse was announced on Christmas Eve, but Mr Moulton said the timing could not have been avoided.

On Monday, the administrators which now run City Link, said they had begun telling the 2,727 staff that "substantial" job cuts were now likely.

The BBC's Emma Simpson reports.

  • 29 Dec 2014
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