Typhoo has reportedly appointed accountancy firm EY to handle the administration. The company's losses widened to £38m from £9.6m in the year to the end of September 2023, which

Typhoo Tea is set to fall into administration after more than 120 years in business, in a move which would put more than 100 jobs at risk.

Typhoo Tea - one of the oldest tea companies in the UK - is on the brink of administration as it faces mounting losses, it has emerged this week.

Typhoo Tea, one of Britain’s oldest tea companies, is close to going bust. The century-old troubled tea brand has filed a notice to appoint administrators after recording losses of almost £40 million last year.