HMV: the death of a zombie

After HMV, how many other failed businesses are clinging on to life thanks to low interest rates?

HMV, Britain's last national music chain, has collapsed into administration. The 92-year-old retailer breached its banking covenants on £220m in bank loans. DVD rental chain Blockbuster also collapsed this week. This follows the demise of electricals chain Comet and photography group Jessops. Major casualties last year included Game Group and Clinton Cards.

What the commentators said

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