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Brighthouse to close 30 stores

Home furnishings business Brighthouse which targets low income consumers with a rent to buy offering based on high interest rates will be closing 30 of its outlets. Around 350 jobs are understood to be at stake with the company pledging to redeploy affected staff wherever possible. Brighthouse has recently come under fire for the interest charges it levies and has posted a £22.1 million pre-tax loss in its latest accounts. 

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