Debenhams 捜し出すs cash to 削減（する） £1bn 負債 mountain

Updated: 11:32 BST, 30 December 2008

The 危機 on Britain's High streets 深くするd today as it 現れるd that department 蓄える／店s group Debenhams is looking to raise cash and that the biggest studio photography 商売／仕事 has 崩壊（する）d.

Debenhams' board is 推定する／予想するd to discuss 計画（する）s to raise fresh 基金s at its next 会合 this month in a desperate 成果／努力 to 減ずる its almost £1billion 負債 mountain as 貿易（する）ing 条件s become ますます 堅い for Britain's 蓄える／店s.

Rumours have 循環させるd for months that Debenhams, which kicks off the January 報告（する）／憶測ing season for big-指名する chains next Tuesday, is in danger of 違反ing its banking covenants, （人命などを）奪う，主張するs that the group has 熱心に 否定するd.

Cash call: Debenhams needs to 減ずる its £1bn 負債 mountain given the grim 見通し for the 小売 部門

The FTSE 250-名簿（に載せる）／表（にあげる）d company is not 推定する／予想するd to 違反 covenants on its 負債s for at least another six months.

Debenhams 拒絶する／低下するd to comment on the story, but 分析家s said that cutting its 負債s would be a sensible move given the grim 見通し for the 小売 部門. today its 株, which have lost more than 87 per cent since floating in 2006, 示すd time at 25?p.

It has also 現れるd that Olan Mills Photography, a 34-蓄える／店 chain that specialises in family portraits, 中止するd 貿易（する）ing on ボクシング Day.

顧客s were encouraged to 支払う／賃金 in 前進する, meaning thousands of families may not receive prepaid Christmas 現在のs.

Olan Mills said it is trying to 会合，会う all 優れた orders, and an 行政官／管理者 will be 任命するd soon.