Mothercare, Deutsche Bank, Royal Mail: Everything that matters this morning
Mothercare faces store closures in fight for survival
Mothercare is considering closures making it the latest high street chain to struggle to stay open.
The baby clothes retailer is considering entering into a company voluntary arrangement (CVA) – a form of insolvency aimed at protecting a businesses, according to The Sunday Times.
If the CVA goes ahead Mothercare is looking to close a third of its 143 branches in the UK plus renegotiate rent prices for remaining stores.
The company drama
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