Pontins in administration

13 November 2010

Pontins, the budget UK holiday park operator, went into administration last night. The firm's banker, Santander, is understood to be owed £40m. So it looks as if the bank has appointed the administrators KPMG. The administrators have a helpline operating from Monday: 0844 576 8481. The camps are expected to continue to trade while a buyer is found.

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