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Very Group loses £500m on loan to Barclay family
Yahoo Finance·2025-10-25 13:00

Lenders are preparing to seize control of the Very Group - Chris Ratcliffe/Bloomberg The Very Group has slumped to a £500m loss after writing off a major loan to the Barclay family, as lenders prepare to seize control of the shopping empire. Very, which owns Littlewoods.com, said an intercompany loan transferred to the family’s business empire several years ago had been wiped out because it would not be repaid – pushing the group into the red. The impairment on the loan – which was worth £525m and made t ...