Who is the next game continues - seriously

Wedgwood has gone administration yesterday afternoon.

I was at office (yes I am still doing my part-time job)

Suddenly our boss raised his voice, "Wedgwood's gone administration !?"

Of course we were all surprised to hear that. For me, it is one of the symbols of England. And the disruption of *sort of* national brand means the UK is experiencing very bad economic situation and its deep depression.
I remember in 1992, Japan sank in financial panic after few years of IT bubble. The economic situation has changed quickly and, as a graduate, that was a nightmare. Many youngsters could not get permanent positions, moreover less hope about temping because they were not experienced workforces. Big conflict.
However, at that time, I did not see companies had gone administration or bankruptcy as much as now.

Companies are sinking, people are losing job, economy is declining worldwide.

I don't know - we are losing control, or we did not have any control after all.
Go with the flow and let's see.