French Connection warns it will run out of cash within months

One in ten retailers are facing oblivion: French Connection warns it will run out of cash within months By Matt Oliver For The Daily Mail Published: 22:51 BST, 19 May 2020 | Updated: 09:58 BST, 20 May 2020 One in ten retailers are facing collapse and will not survive another month of the coronavirus lockdown, … Read more

French Connection warns it will run out of cash within months

One in ten retailers are facing oblivion: French Connection warns it will run out of cash within months By Matt Oliver For The Daily Mail Published: 22:51 BST, 19 May 2020 | Updated: 22:51 BST, 19 May 2020 One in ten retailers are facing collapse and will not survive another month of the coronavirus lockdown, … Read more

Ed Sheeran ‘paid for his ENTIRE £57m property empire in CASH’

Ed Sheeran’s impressive £57million property portfolio was paid for in cash, leaving the singer completely mortgage-free, according to new reports. The chart-topping pop superstar has splashed £10million on the London property market over the years, growing his empire to 27 flats, houses, and mansions. And the 29-year-old star, who is worth an estimated £200million, is said … Read more

Ed Sheeran ‘paid for his ENTIRE £57m property empire in CASH’

Ed Sheeran’s impressive £57million property portfolio was paid for in cash, leaving the singer completely mortgage-free, according to new reports. The chart-topping pop superstar has splashed £10million on the London property market over the years, growing his empire to 27 flats, houses, and mansions. And the 29-year-old star, who is worth an estimated £200million, is said … Read more

Care homes face cash crisis as scared families ‘inundate’ staff with requests to withdraw relatives

The care sector could be plunged into financial crisis as fearful families choose not to put their loved ones in homes, experts warned last night. Resident numbers could plummet by as much as ten per cent as a result of deaths from coronavirus, as well as fears about going into care. This would leave more … Read more

Holiday giant Tui weighs up cash call from investors

Holidays giant Tui considering tapping investors for hundreds of millions of pounds By Jamie Nimmo, Financial Mail On Sunday Published: 21:56 BST, 16 May 2020 | Updated: 21:56 BST, 16 May 2020 Holidays giant Tui is considering tapping investors for hundreds of millions of pounds.  A major equity fund-raise is one of the options under … Read more

Woodford investors face a further wait for cash from his ruined fund

Woodford investors face a further agonising 10-day wait for what’s left of their savings as ruined fund delays payouts The first payouts are now due to start on 30 January Investors will be told the amount they will get around 28 January 2020  The equity income fund has lost 15%  since investors were locked in … Read more

JEFF PRESTRIDGE: Crisis must not kill off our banks or our cash

There will be many changes for the worse when we finally creep out of lockdown and realise that the economy has gone into shrink mode. There will be fewer jobs to go to and some of the local businesses we once supported – cafes, restaurants, local bookshops – will no longer be there. Gone for … Read more

Dancing On Ice bosses ‘pumping cash into the show’ as they plan for it to return as usual in 2021

Dancing On Ice producers are powering through with plans for the 2021 series, reportedly with a mega budget lining the show’s coffers. Despite the ongoing COVID-19 pandemic, it seems ITV aren’t worried about production going ahead come January next year, and they have their sights set on a slew of big stars to take to the … Read more

Hedge funds bet on £500m cash call at Hammerson

Hedge funds bet on £500m cash call at shopping centre landlord Hammerson due to coronavirus crisis Hammerson may tap investors for up to £500m to cope with coronavirus crisis A major deal to offload seven retail parks fell through as buyer Orion pulled out Hammerson will get to keep the £21m deposit paid by the bidder  … Read more