Joins me. Dent his new venture. And, the head of colibra, david marcus, joins us for an exclusive interview. Continues to, continues to captivate investors. Easing weoptions for works cash crunch. Continuedon the turmoil at we work is bloomberg s leon a baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the we work situation. They are working with houlihan loki, soft , restructuring specialists. They want to make sure that the assets are ok, that they understand where the leases are, what is the value. They are brought on to help softbank figure out if it wants to plow more money into we work. The we work board has hired another boutique investment bank, advising Board Members on wework should take. Should they take a risky highyield bond package that j. P. Morgan is organizing . Tw
President joins me. His new venture. Lets Consumer Shop at home. And, the head of colibra, david marcus, joins us for an exclusive interview. We will hear from him live. First, our top story. Wework continues to captivate wall street and investors. Exploring options for easing weworks cash crunch. News trickled out that the Coworking Company lost its comedic asians officer who resigned last week. With more on the continued turmoil at wework is bloombergs leona baker who has been covering all the facets of the story. Talk to me about the softbank side of this. They are hiring some bankers with the restructuring. What are they hoping to get . It doesnt seem like there is an investment banker right now who is not on the wework situation. We have two new ones hired today. Softbank is working with houlihan lokey, restructuring specialists. Invested 10 billion in we work over the past two years. They want to make sure that the assets are ok, that they understand where the leases are, what is
Delighted that a new labelling law will be introduced. Isnt it . This is quite some refurbishment, isnt it . It this is quite some refurbishment, isnt it . It is called a cottage. In reality, it is five separate houses which have been returned to a single through her name, and through this residence. It is a great 2 listed low and the legacy she leaves, it buildings so they have had to take will actually change the lives of so ca re buildings so they have had to take care to adhere to the standards many, and save many, too. Required of a listed building. Flash floods hit parts of scotland Buckingham Palace, it would be fair and the east of england to say, somewhat on the defensive of as temperatures begin to rise across the uk. This, knowing that it was going to and the england captain says he wont try to stem any booing be rather tricky, because this a is of australians david warner very large sum to spend on one and steve smith as england bowl building. Theyve gone to the first in to
Rain across central, southern and south eastern areas. Slowly moving north. You will notice its becoming more fragmented. It is gradually turning lighter as this afternoon wears on. Meanwhile, High Pressure building in across the north west, that will bring some fine and settled condition, probably the best of the sunshine across western scotla nd of the sunshine across western scotland but sunshine breaking out gcioss scotland but sunshine breaking out across southern parts of wales and england. Still some heat and humidity around. Temperatures around the mid to upper 20 celsius which could spark off heavy and thundery showers. Noticeably cooler than the last few days across the north sea coasts. This evening and overnight, there will be a legacy of cloud, some still thick enough for a bit of light rain and drizzle through central portions of the uk but most places dry and skies will clear gcioss places dry and skies will clear across the north of the uk, temperatures dipping down to
Picture was being put out . There are all sorts of pictures of me. Mrjohnsons leadership opponent jeremy hunt says his brexit plans are more realistic. Your plan sounds quite similar. They may be similar, but the person is not. Hillsborough match commander David Duckenfield is to face a re trial in connection with the deaths of 95 liverpool fans. A renovation fit for royalty the public foots the £21; million bill for harry and meghans new home. After much resistance derby county say they have permission to use speak to Frank Lampard. And chris fawkes has all the weather. We will be casting awry again at this heatwave building in europe and many in france are describing is unprecedented forjune in terms of intensity. Thanks chris. Also coming up a bittersweet moment well hear from the parents of the girl whose death from an allergic reaction to a sandwich has brought about a change in the law. Hello, youre watching afternoon live im simon mccoy. After repeated accusations of avoiding m