Phones go dead at Phones4U

The blame game has begun after the mobile phone retailer fell into administration.

Mobile phone chain Phones4U collapsed into administration this week. Its major suppliers had abandoned it in recent months, with EE the last to go.

Having lost the sources for almost all of its sales, and with debts worth £635m (compared to operating earnings of £105m in 2013), the company's creditors pulled the plug, leaving almost 6,000 jobs at risk.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.