Regent Inns says talks with potential bidders continue
LONDON - Regent Inns (REGI.L) says discussions with potential offers are continuing to progress and further announcements will be made, as appropriate. The entertainment bars business, principally walkabout and jongleurs, has seen a like-for-like sales decline of 10.9% in the period from 30 December 2007 to 14 may 2008. This downturn in sales has principally arisen in walkabout, whilst jongleurs has continued to trade robustly.
© Thomson Reuters 2009 All rights reserved.
Credit headwind
News headlines speak of recovery, but financing is still a big problem in Germany. The dearth of credit to tide firms over is frustrating policymakers, who are blaming reluctant banks and there is little agreement on how best to increase lending flows. Full Article

UK
US