Setanta yesterday issued a short statement on its website: "Please be advised that it is with great regret that Setanta GB is no longer trading."
/The Times/ said the company collapsed after a six-month long struggle to raise cash. The decision to wind the company up will cost 200 jobs and £450 million ($932 million) of investors money, it said. The channel was losing about £100 million a year after attracting 1.2 million subscribers, fewer than the 1.9 million it requires to break even, according to analysts. E-mail message checked by Spyware Doctor (6.0.1.441) Database version: 6.12670 http://www.pctools.com/en/spyware-doctor-antivirus/ --~--~---------~--~----~------------~-------~--~----~ Pig's pudding - it's a mon's dinner aer kid -~----------~----~----~----~------~----~------~--~---
