Lombard – Debenhams (DEB) and Mike Ashley race to win hearts and minds. Chain seeks investors’ support for refinancing before they vote on billionaire’s appointment next month.
Big banks join forces with mini-hubs for business. Lloyds Banking Group (LLOY), Royal Bank of Scotland Group (RBS) and Barclays (BARC) launch trial of joint branches in 6 locations
Kier Group (KIE) blames debt increase on accounting error. Shares tumble after outsourcing specialist adds £50m of borrowing for half year to December
Debenhams (DEB) eyes larger refinancing to fend off Ashley. Bid to make financial position ‘as watertight as possible’ after move