Barton has formed a new company, Sister Ray 08 Ltd, to buy the independent retailer, which went into administration in July. The sale completes at 12am tonight (Monday).

Andy Pear, from administrator Tenon Recovery, confirms that the sale will mean no job cuts at Sister Ray, which will retain its current premises in London's Berwick Street.

Barton was a co-founder of the store and co-owner with Neil Brown.

Sister Ray was Music Week's independent record store of the year in ...