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Cazoo has appointed administrators after the former British tech unicorn crashed into insolvency, putting more than 200 jobs at risk. The online used car business, founded by former Zoopla boss Alex Chesterman, on Tuesday confirmed the appointment of administrators from Teneo, who will seek to sell off Cazoo’s remaining market place business. The collapse marks an end for Cazoo, which was once a darling of the British tech sector and was valued at more than £6.3billion (€7.4 billion) after floating on the New York Stock Exchange in 2021. The heavily loss-making business came under pressure fro…

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