Good morning and welcome to the Business Breakfast live blog for Monday, August 6. I’m Coreena Ford and I’m running the blog this week. The business team’s live blog brings you all the breaking news from across the North East, the UK and beyond – basically anything and everything from the world of business. This morning’s blog starts with news from House of Fraser, which has reached a settlement with landlords who had started legal action against the retailer. The agreement removes one obstacle as it seeks a rescue deal, with the CVA resulting in 31 store closures, including two in the North East, but hopefully averting collapse of the entire company. We also have news from HSBC and Tesco and, as usual, I’ll drop in links to some of our other stories you may have missed. Don’t forget to join our ChronicleLive business group on Facebook so you can get the latest news from our business team. And if you’d like to contribute tweet at @jnlbusiness to share your opinions, drop me a line at [email protected] or tweet me at @Scoopford or call on 0191 2016331. Key Events Fresh bid to bring champagne bar to Newcastle Central Station 08:21… Read full this story
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