Truly shocking breaking news.
A company which supplies carpets to the Royal Family says it intends to appoint administrators to try to protect the business.
Devon-based Axminster Carpets said it was focused on “securing a sustainable future” for those who believe in “quality craftsmanship”.
Carpet making in the town dates back to 1755, with the current iteration of the company being established in 1937.
As many as 90 jobs could be at risk if the company goes into administration.
East Devon Watch 