Its not corruption. Its failing ailing businesses with heavy debts, falling sales and passing to hands of the banls to run them efficiently to get their money back. Youd do the same had you got debt in the (ineffeciently run) business. Guaranteed.
Ive mentioned the staff. My thoughts are with them 50-70 stores to go... What, 6000+ staff ? A sad day for british retail. UK is in recession imo, but they dont know it yet. Theyll tell us in a few months.