As Comet prepares to appoint administrators, Retail Week takes a look at the electricals market.

As Comet has confirmed it intends to appoint an administrator next week. Retail Week takes a look at the electricals market.

Data source: Verdict Research

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All Comet stores to close today as losses hit £230m and Vince Cable steps in

All Comet stores set to close today as losses hit £230m

Collapsed electricals firm Comet will close its remaining stores today as administrator Deloitte revealed that its unsecured creditors are owed £232.9m and Business Secretary Vince Cable launches an investigation.