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A theatre company that helped businesses with CSR training has gone into administration, blaming falling revenues during the financial crisis. CragRats, which has worked on CSR training programmes with BT, Diageo and most recently Kelloggs, was once Britain’s largest employer of professional actors, but now owes more than £3million ($4.9m) to nearly 200 creditors. The administrators will attempt to pay preferential creditors and ‘rescue the company as a going concern’.

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