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Administrators are battling to find a buyer for historic crystal and china maker Waterford Wedgwood after the collapse of the ailing firm put 2,700 jobs at risk 1700 of which are based in Stoke.
The group - best known for Wedgwood pottery, Royal Doulton and Waterford crystal - has appointed receivers to parts of its Irish business and administrators at its UK arm.
Waterford can trace its origins back 250 years, collapsed after talks over a possible sale to a US private equity firm failed to bear fruit and lenders' patience ran out.
Is this the thin end of the wedge for historic quality firms which can no longer compete with the mass produced rubbish exported by China and the Far East?
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