By Daniel Hunter

TV entrepreneur Peter Jones is one of a number of people behind the buyout of the collapsed High Street camera retailing brand Jessops.

The company's administrators PricewaterhouseCoopers (PwC) announced the sale on Thursday evening.

"We can confirm we have sold the brand and certain other assets to a number of buyers including entrepreneur Peter Jones CBE," PwC said.

It is not currently thought that stores will reopen as part of the purchase. The part of the deal covering "certain other assets" is understood to mean leftover stock and intellectual property.

Intellectual property includes things like trademarks and patents.

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