House of Fraser, the embattled department store group, has hired KPMG to explore whether it needs to enter a form of bankruptcy in order to put its stretched finances on a stronger footing.
The company last night confirmed a story, first reported by Sky News, that it had hired KPMG to advise on restructuring options but played down the suggestion that one option was to seek a company voluntary agreement (CVA) as “speculative”.
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Including:
Majority of boroughs did not start a single residential development in the first quarter of this year
The deals at Korol’s Mansel Court set a fresh benchmark at £56.50 per sq ft
Theo Plowman to join housing association
The consultancy reports double-digit earnings growth in Q1 2025
