Ludo Thierry

Johnson has a deserved reputation as a teller of untruths. Even those most dedicated to avoiding any passing relationship with the truth must occasionally stumble and reveal some genuine information.

So it was with Johnson when he, memorably, alerted the voting public to his stated policy position of “..F— business..”.

Sadly, the voting public south of the border forgot to remember this stated policy when they came to cast their votes in December. As (currently) part of the Ukanian union Scottish business is as likely to be dragged through the Johnsonian mire as the, apparently, willing business voters down south.

So it begins: The company that owns The Braehead Shopping Centre in Glasgow (amongst many others elsewhere in Ukania) has just announced that it is seeking emergency funding or could fail. Link and snippet below:

The owner of some of the UK’s biggest shopping centres, Intu, has said there are doubts that it can survive unless it raises extra funds. (Owner of The Braehead Shopping Centre in Glasgow).

Its comments came as the firm – which owns Manchester’s Trafford Centre and the Lakeside complex in Essex – reported a £2bn loss in 2019.

The weakness in the retail sector meant Intu wrote down the value of its shopping centre sites by nearly £2bn.

Intu will try to raise extra cash after an earlier plan to raise £1bn failed.

At the same time, Intu has run up debts of nearly £5bn.

Its shares stood at 34p when trading began at the start of 2020, and on Wednesday were worth about 4.7p after falling 17% in reaction to its results.