10 Sep

Grand Designs presenter faces crisis over bond investment

Bondholders left carrying losses after attempts to restructure Kevin McCloud investmentA fresh crisis looms for the Grand Designs presenter Kevin McCloud after attempts to restructure property bond investments in his housing empire failed.Hundreds of investors – who were told last month they could face losing up to 97% of their money – were in effect warned that if they did not back the restructuring, one of the firms in McCloud’s empire was at risk of being wound up or falling into insolvency. Continue reading…

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