Debenhams shares fall by 21%

Department store chain’s sharp decline came after very poor weekly sales Debenhams shares plunged by more than a fifth on Wednesday amid fears for its financial health, as a grim year for some of the high street’s best-known names threatened to get even worse.The 240-year-old department store chain was valued at just £65m by the end of the day, after its shares fell by 21% amid reports that it was now being shunned by suppliers. It was the biggest one-day fall recorded by the r