Wedding gift firm Wrapit has blamed the HSBC bank for putting it’s business in administration, despite owing the bank around £3.5million.
Wrapit was formed in 2000 by former fashion journalist Pepita Diamand and trades from fifteen showrooms and a website, the administration puts 100 jobs on the line.
Despite the protestations of Peter Gelardi the head of Wrapit, claiming [...]

UK Business News
Entries Tagged as 'Banking'
Wedding Gift Firm Blames Bank For Demise
John Williams - Tuesday 05.08.08, 13:59pm
Tags: Administration · Banking · UK Economy







