11-06-2023, 11:28 AM
It seems to be a cash flow issue rather than balance sheet issue so selling assets might not be the solution it seems to be - indeed the costs then incurred of relocating further might make the situation worse - although they could do as many companies have and sell it to lease back the building.
Decreasing rental costs would probably be more beneficial short term - presumably their Glasgow and Bristol properties, and perhaps even Leeds, are leased rather than bought.
Decreasing rental costs would probably be more beneficial short term - presumably their Glasgow and Bristol properties, and perhaps even Leeds, are leased rather than bought.