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BBCNEWS BBC News July 7, 2024

of speculation about how it will deal with an estimated $5 billion of debt due to pandemic losses. pressure intensifies on the exam board, pearson, to explain why hundreds of students have still not received their btec results, four days after they were due to be released. the duke and duchess of cambridge say they will permenantly move to adelaide cottage in windsor and send their children to school in nearby ascot from september. good afternoon. criminal barristers in england and wales have voted for an all out strike next month joining a wave of industrial action as workers seek pay rises to keep up with high inflation. some barristers say they earn less than the minumum wage the government claims strike action will simply delay justice for victims of crime. railway workers, dockers, postal workers and refuse collectors are among those who ve already gone on strike in what s been called a summer of discontent while nurses are to be balloted on industrial action ....

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BBCNEWS BBC News June 4, 2024 13:18:00

Restructuring. 50 usual. this is a financial restructuring. usual. this is a financial restructuring. usual. this is a financial restructurinu. ., ~ restructuring. so if you work there, ou don t restructuring. so if you work there, you don t need restructuring. so if you work there, you don t need to restructuring. so if you work there, you don t need to be restructuring. so if you work there, you don t need to be worried? - restructuring. so if you work there, you don t need to be worried? i - you don t need to be worried? i think the sound of any company heading for a possible bankruptcy must raise some concern and alarm with staff throughout the uk. it has got more than 120 cinemas, including the picture house chain. but the company s the picture house chain. but the compa ny s clear the picture house chain. but the company s clear message is they have got to sort out its balance sheet, this is going to take some time, but its operations will remain unaffected. its operatio ....

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BBCNEWS BBC News June 4, 2024 13:17:00

About that, way too much of it, over expansion. the fallouts from covid 19, the rise of streaming services and not enough blockbuster films. but the real big thing for cineworld is the debt mountain. it has got nearly £5 billion worth of debt and that is just not sustainable. it is looking at a number of options, it has got to come up with a solution, some sort of financial restructuring with its lenders to put itself on a more sustainable footing. so possible bankruptcy proceedings in the us, they call it chapter 11 proceedings. that is one option very much on the table. as to what it would mean to cinemagoers here and 4600 staff, the company is saying these operations will be unaffected, it s business as usual. this is a financial ....

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