Convenience chain My Local has entered administration, with 1,658 jobs set to be lost if a buyer cannot be found. Administrators KPMG have already said that 93 of the chain’s stores will close with the rest to remain open whilst the search for a buyer continues.

The private equity-owned chain was formerly known as Morrison’s M Local before its sale and the supermarket has said that it will offer jobs to employees facing redundancy. Mark Orton, partner at KPMG and joint administrator, said: "Management have faced tough trading conditions and despite their best efforts to improve performance, My Local was ultimately unable to return to viability.

"Although the majority of stores have now closed, we are in active discussions with a number of interested parties in relation to both the remaining 32 premises that are trading and a small number of those that have closed," he said.