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One of Britain’s oldest tea companies on brink of administration

ONE of Britain’s oldest companies is on the brink of administration after falling into debt.

Typhoo Tea has filed noticed that it intends to appoint administrators, according to The Telegraph.

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Typhoo Tea has filed noticed that it intends to appoint administratorsCredit: Alamy

Filing a notice of intent to appoint an administrator typically gives a business 10 days before it officially goes bust, although it can be cut shorter if needed.

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