HSBC

Covid-19: Banks under fire over emergency loan scheme

Banks have come under fire over government-backed emergency loans which require business owners to sign for a personal guarantee, as…

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HSBC to cut 35,000 jobs, new chancellor sticks to schedule, Bezos creates $10bn ‘Earth fund’

HSBC has announced plans to cut 35,000 jobs over the next three years after a dire set of financial results.…

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The Hut Group completes €1bn capital raising

The Hut Group has announced a €1bn (£830m) raise in capital in order to deliver a “step- change” to its…

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Skopes receives £6m investment to fund 15-store expansion drive

Leeds-based menswear retailer, Skopes, is set to “significantly expand” its national high street presence with 15 new stores, after securing…

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The Hut Group secures £510m debt facility to boost beauty investment

The Hut Group has secured a £510m of debt issuance with a seven-year maturity to help boost its digital and…

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Arcadia creditors approve CVA proposals

Retail group Arcadia, has announced that all seven of its company voluntary arrangements (CVAs) have today been approved by the…

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Arcadia to close 23 stores

Phillip Green’s Arcadia group has announced plans to close 23 stores as part of its restructuring plan, affecting up to…

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Arcadia secures help from HSBC

Arcadia, which is owned by Phillip Green, has secured help from HSBC in order to reassure suppliers as the retailer…

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Debenhams advisors should be ‘put in prison’, says Mike Ashley

Mike Ashley has hit out at Debenhams after the department store agreed on a refinancing scheme which could see its…

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Oliver Bonas to open eight new stores in 2019

Fashion and jewellery retailer Oliver Bonas will open eight new stores in 2019, creating at least 80 new jobs as…

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