Print Published 30th Nov 2011, 08:53

Loss-making Media Square faces critical funding issues

Media Square has reported a loss of £1.6 million for the half year to 31 August, warning of a higher working capital requirement in the future and the need to find a long-term solution to the group’s capital structure.

“The board is actively considering the options available to the group to strengthen its balance sheet”, said chief executive Peter Reid this morning.