Creditors approve Homebase rescue deal
HOMEBASE has won approval for a rescue deal which will lead to the closure of 42 of its 241 stores, with the loss of up to 1,500 jobs. Nearly 96 per cent of creditors backed an insolvency procedure known as a company voluntary arrangement at a London meeting, without which it could have collapsed into […]
Homebase plan for Habitat and Laura Ashley
HOMEBASE creditors have been urged to back a “vital lifeline” restructuring or risk seeing the DIY chain collapse into administration or liquidation. Daily Express :: Finance Feed
Homebase sold for £1 in DIY disaster
THE Australian owner of Homebase ended its disastrous foray into Britain’s DIY market after selling the chain for £1 to restructuring specialist Hilco. Daily Express :: Finance Feed
Homebase SOLD for £1 to Hilco: 250 stores at risk after ‘unbelievable disaster’ in retail
HOMEBASE has been sold for £1 after its Australian owner ended its “misguided” attempt to crack the UK market leaving the future of 12,000 workers and 250 stores at risk. Daily Express :: Finance Feed
City news: Qinetiq, Homebase, Tata, and Shanks Group
DEFENCE technology firm Qinetiq is on the march towards hitting annual profit forecasts amid signs of an upturn in US military spending. Daily Express :: Finance Feed
£6bn ambition for Sainsbury’s: Supermarket seeks Argos and Homebase takeover
SAINSBURY’S has set its sights on eclipsing the likes of John Lewis and Amazon for non-food sales as it pressed the case for a proposed £1billion-plus takeover of the owner of the Argos and Homebase chains. Daily Express :: Finance Feed
House of Fraser, Sainsbury’s and Homebase bring you the best in Christmas decorations
SET a stunning Christmas scene whatever trend you choose. Daily Express :: Style Feed