The Cambridge store of CTD Tiles, one of the UK’s biggest tile suppliers, is one of 56 to close after the business fell into administration. CTD ran sites across the UK with trade and retail showrooms and recorded roughly £75million in revenues for the past year. The company fell into insolvency on Monday after coming under pressure from a downturn in the home improvement sector. Administrators of the business said 268 workers were made redundant after the collapse. However, 30 of its shops and two distribution sites were bought in a rescue deal by rival Topps Group, including the showroom at …
