Get in touch: mirror.money.saving@mirror.co.uk(Image: BBC)In total, Jessops employs about 500 people in the UK, with an unspecified number of jobs at risk from a restructuring of the business. Jones - who has held stakes in businesses including Red Letter Days and Levi Roots - bought Jessops six years ago from administrators following a previous spell in insolvency proceedings that cost as many as 2,000 jobs. He reportedly bought the company for less than £2million in 2013, prompting the return of the retailer to the high street. Sources close to Jones said that since then, he has invested heavily in the business, including £5million in 2019 alone. It had initially been thought the scaled-down Jessops would operate as an internet-only brand.

Source: Daily Mirror October 16, 2019 14:03 UTC