News Tag: sufficient
November 23, 2009
WHSmith has abandoned talks with bookshop chain Borders, which is set to see Borders UK enter administration unless a sale is imminent.
Borders is understood to not have sufficient cash to see it through to Christmas as it has suffered amid increased competition from supermarkets and online retailers, such as Amazon.
As a result, the chain has been in talks with ...
WHSmith walks away from Borders deal
by Kay Murchie
December 1, 2008
London Scottish Bank (LSB) has been forced into administration after it was revealed that it did not have sufficient cash in order to continue trading.
As a result the Financial Services Authority stepped in to prevent it taking any further deposits.
LSB, which specialises in customers with poor credit histories, had been looking for a buyer, however, it is unclear whether a ...
London Scottish Bank forced into administration
by Kay Murchie
