Very Group loses £500m over loan to Barclay family
Lenders are preparing to take control of Very Group – Chris Ratcliffe/Bloomberg The Very Group has slumped to a £500m loss after writing off a major loan to the Barclay family, as lenders prepare to take control of the business empire. Very, owner of Littlewoods.com, said an intercompany loan transferred to the family’s business empire…