Cineworld, the world’s second-largest movie chain operator, has secured financial lifelines worth $750m (£560m) to weather the coronavirus pandemic. London-listed Cineworld, which shut all of its 660 movie theatres in the US and the UK in October, said the financial agreements mean it has enough liquidity to make it […]
Cineworld secures £560m cash lifelines as Covid closes cinemas
Cineworld, the world’s second-largest movie chain operator, has secured financial lifelines worth $750m (£560m) to weather the coronavirus pandemic. London-listed Cineworld, which shut all of its 660 movie theatres in the US and the UK in October, said the financial agreements mean it has enough liquidity to make it […]
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Second national lockdown to drive Black Friday sales down 20 per cent
The introduction of a second national lockdown will push Black Friday sales down 20 per cent as consumers wait for shops to reopen to bag a bargain. Nationwide Building Society predicted a drop off in spending on 27 November, compared to a previous forecast of a 12 per cent […]