HMV Were £20 Million in Debt at Time of Collapse

by Sarah Marie Jones
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HMV Were £20 Million in Debt at Time of Collapse News reports show that at the time of the company’s collapse, HMV were £20 million in debt. The statistics were revealed by financial website This is Money who also revealed that as well as owing the taxman £20 million, they also owed their banker £109 million. HMV are currently in the process of trying to save as many of their stores and jobs of their staff as possible.

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