FT 20/09/19 | Vox Markets

FT 20/09/19

Thomas Cook Group (TCG) lenders seek £200m to add to rescue. Banks push for extra credit facility see holiday company through winter season

Lombard – Next (NXT) Brexit impact claims will make some see red. Amended document sees ‘no risk’ of tariff increases — only a £25m saving

Next (NXT) accelerates store openings after rent cuts. Retailer reiterates full-year profit forecast despite difficult start to autumn

Debenhams (DEB) wins legal challenge over restructuring. High Court victory allows UK chain to shut 22 stores and cut rents on 100 more

WPP (WPP) hires ex-Unilever marketing chief to its board. Keith Weed to be a non-executive director as ad group battles to adapt to digital era

Watchdog raises concern over JD Sports Fashion (JD.) Footasylum (FOOT) takeover. Competition regulator says worries about higher prices and less choice must be addressed

Kier Group (KIE) swings to £245m loss after ‘difficult year’. Concerns linger over construction group’s financial health as it warns of Brexit threat to clients’ decision-making

Saga (SAGA) profits halve amid insurance business overhaul. Over-50s specialist says Brexit uncertainty is hitting demand in a ‘challenging’ travel market

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Mentioned in this post

DEB
Debenhams
FOOT
Footasylum
JD.
JD Sports Fashion
KIE
Kier Group
NXT
Next
SAGA
Saga
TCG
Thomas Cook Group
WPP
WPP