WHY THEY PULLED THE PLUG ON CURZON

摘要

At 10 am on 7 march this year, Curzon group chief executive David Freeborn received the phone call he had been dreading. His company's bank, Lloyds TSB, told him it would be putting the plug on the fit-out contractor because of its volatile overdraft Freeborn was horrified his initial thought was that six years of work had gone down the drain The receiver, Ernst & Young, arrived later that morning and in the afternoon Freeborn had to tell Staff that it was unlikely they would be in their jobs by the end of the week.