NTL and Telewest near refinancing deals
Ailing cable TV companies NTL and Telewest yesterday both took steps towards completing complex financial restructurings.
Telewest is understood to be close to a deal w...
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Thus results offer refinancing cheer
Thus, the Glasgow-based telecoms company, said it needed less money than forecast to stay in business as it reported better than expected second-quarter results yesterday...
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Time Computers in refinancing talks
An ambitious expansion strategy and a reduction in the price of home computers has forced Britain's biggest PC retailer into refinancing talks with its bankers.
Time Co...
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Last-ditch deal saves British van maker
LDV, one of Britain's last homegrown motor manufacturers, is understood to have clinched a crucial refinancing deal that insiders hope will allow the van maker to restart...
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Eurotunnel cuts losses by 18% but warns of debt problems
Eurotunnel, the debt-stricken Channel tunnel operator, yesterday celebrated the first fruits of its cost-cutting programme and a rise in passenger numbers as it reduced i...
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Arsenal profits up £9m
Arsenal have reported an increase of almost £9million in pre-tax profit. The financial results of the club's parent company, which were released this morning, showed...
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MyTravel recovers from its holiday blues
MyTravel declared yesterday that it was "back on a normal footing" with rapidly rising sales and steady finances after a turbulent couple of years when the tour group nea...
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Papers reveal creditors' hold on Glazer
Shock, horror - ticket prices to rise 54%. Well, yes, but do the maths: the increase is over five years, so it equates to a rise of 9% a year. It is higher than the rate ...
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Glazer may refloat United in three years
Malcolm Glazer could return Manchester United to the stock market via a flotation within three years, according to City banking sources. The American, who yesterday achie...
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Jarvis 'seeking extra ?20m loan
Jarvis, the heavily indebted rail and construction group, was plunged into further turmoil yesterday as its bombed-out share price dropped a further 15% on talk that it h...
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