TED BAKER to unveil £80M Share Plan | UK Market Update

  • May 30, 2020 BST
  • Team Kalkine

Rishi Sunak is racing to build a £100bn job creation scheme amid fears two million Britons will lose their jobs when the furlough scheme ends. During the Downing St press conference the Chancellor promised to address the looming employment crisis with a scheme to create additional jobs.

A proposed solar park that would be the largest in the United Kingdom has received a greenlight from government officials for development, the UK Planning Inspectorate Office. The Cleve Hill Solar Park would consist of 880,000 solar panels and have a peak capacity of 350 megawatts. That should be enough to power about 91,000 homes, according to the Cleve Hill website.

Ted Baker, the high street fashion brand, will next week launch an attempt to raise virtually its entire market capitalisation as it joins the queue of companies seeking funds to survive the COVID-19 pandemic. Ted Baker will unveil a placing and open offer to target roughly £80m from the sale of new shares as soon as Monday morning.

#ukjobs #UK #TedBaker #Kalkine


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