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UK: 1100 Book store employees out of a job on Christmas Eve
All 1100 Borders staff are due to receive an unwelcome present this Christmas. If a buyer is not found this week for the 45 UK Borders outlets, they will definitely shut on 22 December and the staff will stop working on 24 December. Borders has been in administration since 26 November, after suffering from increased competition from internet and supermarket sales in the recession.
Source : BBC News 15.12.09