Hornby sets sights on getting back on track
Hornby, which makes model trains and also owns other brands, such as Scalextric and Corgi, plans to raise £8 million to fund a restructuring plan.
“The board has now completed a thorough review, which has identified that many core parts of the group are stable, profitable and cash generative, driven by iconic brands with strong market positions. The review has also identified areas that require fundamental change. The turnaround plan is intended to return the...
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Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures