Royal Bank of Scotland was last night branded ‘deplorable’ for pulling the plug on fashion retailer Peacocks – putting 13,000 high street jobs at risk. The taxpayer-controlled bank withdrew from last ditch talks to save the store chain yesterday, threatening the biggest retail collapse since the demise of Woolworths three years ago. Its move forced Peacocks, which has more than 700 shops in the UK and abroad, to announce it will go into administration in ten days unless new investors are found.
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