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The Guardian - UK
The Guardian - UK
Business
Joanna Partridge

Homebase collapses into administration with thousands of jobs at risk

Homebase Range Hilco Sainsbury Teneo Wesfarmers
Homebase store seen from the carpark
Homebase and its parent company, HHGL, made a loss of £85m in the year to January 2023. Photograph: Martin Godwin/The Guardian

The struggling DIY chain Homebase has collapsed into administration, leaving thousands of workers facing an uncertain future, despite the purchase of the bulk of its stores by the owner of The Range homeware retailer.

Gavin Park, Gavin Maher and Adele Macleod from the financial advisory firm Teneo were appointed as joint administrators of Homebase’s owners, HHGL Limited and Hampden Group Limited.

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