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Hopefully the Bank of England chief will have read the fine print
Chairman of café chain Patisserie Valerie takes on John Gibson of Cohen & Gresser
Paul May to be replaced with Stephen Francis immediately
Chairman appears to mix grains of truth with more than just a hint of false jeopardy
Disgruntled investors criticise recapitalisation and demand more information
Chairman Luke Johnson due to face investors at café chain’s meeting
Expectations of such lenders can be unrealistic and lookalike claims unfair
Options for Paul May and Chris Marsh were pegged to profit figures that may need to be revised
Shares in café chain remain suspended until it can give more details of accounting issues
With the benefit of hindsight, sales per store were too steady.
The company had used up two separate bank credit lines without the board’s knowledge
Casual dining entrepreneur steps in with financial lifeline for café chain
Luke Johnson to back fundraising after café chain owner reveals accounts irregularities
Executive chairman Luke Johnson to lend embattled café group £20m to stay afloat
Results sparked jitters but there is more life in the retailer than Schrödinger’s cat
Café chain cannot keep trading in ‘current form’ unless it receives funds immediately
Café chain uncovers ‘potentially fraudulent, accounting irregularities’
Board suspends chief financial officer and discloses ‘potentially fraudulent’ practices
“Significant, and potentially fraudulent, accounting irregularities”.
Food chains keep growing even though purses may be tightening
