Things have progressed since we reported on UK developer Argonaut's financial troubles two weeks ago, and word comes to us today that the employees have been sent home and to expect an official announcement next week that the studio is no more.

With the news of BC being cancelled last week, leaving the future of Intrepid Games up in the air, it seems to have been quite the difficult month for British developers of games that I didn't really like the looks of in the first place.

Argonaut Sinking [Kotaku]
BC Development "Suspended" [Kotaku]

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