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In her ‘Inside the City’ column for the Sunday Times, Jill Treanor was focussing on bakery chain Greggs, and the 12 months that have passed since it launched it vegan sausage roll.
The embattled shopping centre giant that owns Lakeside in Essex and the Trafford Centre near Manchester is planning to tap the City for £1bn of emergency cash as soon as next month, in a significant test of the market’s appetite for retail property. Intu Properties, whose share price has collapsed after the slew of insolvencies among tenants such as Debenhams and Arcadia, wants to launch a huge rights issue either alongside its full-year results at the end of February, or shortly afterwards.
