Laura Ashley agrees loan deal in fight for survival
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Struggling retailer Laura Ashley has secured a loan to fund its day-to-day operations following speculation about its survival.
The fashion and home store had been in talks US bank Wells Fargo about terms for drawing on a £20m loan facility.
Shares in Laura Ashley surged 45% on the news, rebounding from falls earlier in the week.
On Monday, the firm said trading…
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