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Mike Ashley is closing four more House of Fraser stores in east London, Nottingham, Norwich and Metrocentre in Gateshead

Mr Ashley, who acquired 58 stores from the administrators in August for £90m, said negotiations with Intu Properties, the landlord, to reduce rents at the four stores had failed and talks were now under way with staff affected.

Mr Ashley said at the time he bought the company that he would keep as stores open as possible. As of last month he had confirmed the future of 22.

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