All change on the high street

[ace00]

High street kingpin faces bankruptcy

Baugur, the Icelandic investor with stakes in UK High Street retailers such as House of Fraser, Hamleys, and frozen food chain Iceland, has asked for protection from creditors.

Good news for Poundland.

[DimPrawn]

Many of the UK's biggest high street names, including House of Fraser, are under threat after one of their biggest investors was poised to go into administration.

Icelandic group Baugur has applied for bankruptcy protection for its creditors after talks with banks over its £1 billion debt burden collapsed.
The group, which owns stakes in Hamleys, Whistles, House of Fraser, Debenhams, French Connection and Karen Millen among others, has an initial three weeks to find a solution to its problems.

But experts have warned that the group's current woes could mean a fire-sale of its UK retail assets, including many major retailers and department stores.

FCUKed

[robbie274]

High street kingpin faces bankruptcy

Baugur, the Icelandic investor with stakes in UK High Street retailers such as House of Fraser, Hamleys, and frozen food chain Iceland, has asked for protection from creditors.

Good news for Poundland.

Your not wrong either

http://www.stainesnews.co.uk/staines...4472-22671453/

[AlfredJPruffock]

Your not wrong either

http://www.stainesnews.co.uk/staines...4472-22671453/

Apparently the Icelandic Investors account in the Bank of Antartica has been frozen for some time - the bank was unique in being manned by three Penguins and an Eskimo .

[pmeswani]

Apparently the Icelandic Investors account in the Bank of Antartica has been frozen for some time - the bank was unique in being manned by three Penguins and an Eskimo .

Igloo.

[Stan.goodvibes]

FCUKed

LOL. Nice one.

f c u k - clothing for cnuts