Topshop empire survival vote 'on a knife edge'

Topshop empire survival vote 'on a knife edge'

12 June 2019

Landlords and other creditors are meeting today in London to vote on revised proposals to save Sir Philip Green's Arcadia retail empire.

Ed Cooke, Chief Executive of Revo, spoke to the BBC and said the vote is "clearly on a knife edge", and the outcome is by no means certain.

However, he is not convinced that Arcadia will immediately go into administration should creditors vote against the rescue plans.

Read the full article: >>BBC Business<<

 

PLUS: Listen to Ed discuss the Arcadia CVA on BBC Radio 4 Today Programme.

BBC Radio 4 Today Programme
12 June 2019
(You'll find Revo at 1:20:00)

>>Listen Now<<