Print Published 11th May 2012, 15:55

Whither Red Brick Road without Tesco?

The loss of the Tesco business, announced last month, could propel The Red Brick Road into a much tougher financial position as it always relied on advance payments from its clients to help fund the business and Tesco was a very big client.  What’s more, the principal shareholding directors may have to suffer substantial salary cuts although the departure of Paul Weinberger may mitigate that pain.