Game store could be saved

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LENDERS of the troubled Game Group are working on plans to buy the business out of administration.

The company, which has two shops in Sunderland and another in The Galleries, Washington, is expected to go into administration today.

The consortium of banks, led by the Royal Bank of Scotland, is among three potential bidders according to reports.

Other bids are likely to be made by American rival Gamestop and OpCapita, which recently bought Comet.

Administrator PwC is set to announce the closure of the loss-making stores within the 600 outlets which had operated, leading to job losses among 6,000 staff, before it is sold to a profitable company.