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Tuesday, April 9, 2019

Debenhams set for administration after rejecting new Ashley plan

Debenhams said on Tuesday it had rejected a last-minute offer by shareholder Mike Ashley to underwrite an increased 200 million pound ($262 million) rights issue, meaning it is likely to fall into the hands of its lenders shortly.


from Reuters: Business News https://reut.rs/2P13W2O

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What will be in the chancellor's Spring Statement?

Chancellor Rachel Reeves will give more detail about the government's plans for the economy. from BBC News https://ift.tt/GkI7Cuc