STOCK WATCH

TLA Worldwide, a specialist marketing business which represents Olympians such as Sir Chris Hoy and Rebecca Adlington, was booed off the pitch as it issued a trading update yesterday.

The firm had failed to organise as many events as expected this year, meaning financial results would be ‘significantly below market expectations’.

Debt would be much higher, and it was likely to breach repayment agreements with its lender. Shares tumbled 41.5pc, or 8.5p, to 12p.