Mike Ashley’s Frasers Group in talks to rescue Debenhams

Frasers said in a statement: “The company confirms that it is in negotiations with the administrators of Debenhams’ UK business regarding a potential rescue transaction for Debenhams’ UK operations.

Recent Posts

Sri Lanka fuel crisis: Waiting for days to get fuel

With pressure on Sri Lanka's government to find sources of fuel, the government has reached out to Russia for help. A delegation is due to arrive in Moscow at the weekend, to discuss the purchase of cheap oil, and president Gotabaya Rajapaksa has written to Vladimir...

read more

Post Office scandal victims victims to get more money

The Postal Affairs Minister, Paul Scully, announced in March that this group would be put on a level pegging to other victims in this scandal, but it has taken months to lay out the process for that to take place, after years of fighting to prove their innocence.

read more